Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

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$412,209$412,209$562,500
Remaining term (yrs)0.70.730.0
Secondary amount$0$150,291$0
Funding fee$2,061$2,061$0
Note rate6.530%6.530%7.400%
Blended rate6.530%6.923%7.640%
1st payment$42,464.63$42,464.63$3,894.64
2nd payment$0.00$1,001.94$0.00
Taxes / mo$520.83$520.83$520.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$112.50
HOA / mo$250.00$250.00$250.00
Total monthly$43,402.13$44,404.07$4,944.64
Cash to close$212,791$62,500$62,500