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$412,533$412,533$535,410
Remaining term (yrs)26.926.930.0
Secondary amount$0$122,877$0
Funding fee$2,063$2,063$0
Note rate6.810%6.810%7.400%
Blended rate6.810%7.083%7.640%
1st payment$2,786.57$2,786.57$3,707.07
2nd payment$0.00$819.18$0.00
Taxes / mo$575.75$575.75$575.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.08
HOA / mo$166.00$166.00$166.00
Total monthly$3,694.98$4,514.16$4,722.57
Cash to close$182,367$59,490$59,490