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$433,079$433,079$562,410
Remaining term (yrs)27.827.830.0
Secondary amount$0$129,331$0
Funding fee$2,165$2,165$0
Note rate6.920%6.920%7.320%
Blended rate6.920%7.168%7.560%
1st payment$2,923.32$2,923.32$3,863.37
2nd payment$0.00$862.21$0.00
Taxes / mo$197.50$197.50$197.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$112.48
HOA / mo$0.00$0.00$0.00
Total monthly$3,287.48$4,149.69$4,340.02
Cash to close$191,821$62,490$62,490