Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$422,488$422,488$567,000
Remaining term (yrs)26.526.530.0
Secondary amount$0$144,512$0
Funding fee$2,112$2,112$0
Note rate6.280%6.280%7.400%
Blended rate6.280%6.718%7.640%
1st payment$2,723.57$2,723.57$3,925.79
2nd payment$0.00$963.41$0.00
Taxes / mo$203.58$203.58$203.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$113.40
HOA / mo$75.00$75.00$75.00
Total monthly$3,168.82$4,132.23$4,484.44
Cash to close$207,512$63,000$63,000