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$366,823$366,823$427,500
Remaining term (yrs)26.926.930.0
Secondary amount$0$60,677$0
Funding fee$1,834$1,834$0
Note rate6.810%6.810%7.400%
Blended rate6.810%7.121%7.640%
1st payment$2,477.80$2,477.80$2,959.92
2nd payment$0.00$455.08$0.00
Taxes / mo$546.75$546.75$546.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$85.50
HOA / mo$0.00$0.00$0.00
Total monthly$3,191.22$3,646.30$3,758.84
Cash to close$108,177$47,500$47,500