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$522,070$522,070$837,000
Remaining term (yrs)26.126.130.0
Secondary amount$0$314,930$0
Funding fee$2,610$2,610$0
Note rate7.080%7.080%7.400%
Blended rate7.080%7.332%7.640%
1st payment$3,652.83$3,652.83$5,795.22
2nd payment$0.00$2,033.92$0.00
Taxes / mo$775.00$775.00$775.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$167.40
HOA / mo$130.00$130.00$130.00
Total monthly$4,774.50$6,808.42$7,084.29
Cash to close$407,930$93,000$93,000