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$423,847$423,847$476,100
Remaining term (yrs)27.927.930.0
Secondary amount$0$52,253$0
Funding fee$2,119$2,119$0
Note rate6.890%6.890%7.400%
Blended rate6.890%7.122%7.640%
1st payment$2,849.86$2,849.86$3,296.42
2nd payment$0.00$391.90$0.00
Taxes / mo$629.67$629.67$629.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$95.22
HOA / mo$0.00$0.00$0.00
Total monthly$3,646.20$4,038.09$4,187.97
Cash to close$105,153$52,900$52,900