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$469,532$469,532$657,000
Remaining term (yrs)29.829.830.0
Secondary amount$0$187,468$0
Funding fee$2,348$2,348$0
Note rate6.000%6.000%7.400%
Blended rate6.000%6.571%7.640%
1st payment$2,817.89$2,817.89$4,548.94
2nd payment$0.00$1,249.79$0.00
Taxes / mo$608.33$608.33$608.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$131.40
HOA / mo$0.00$0.00$0.00
Total monthly$3,642.89$4,892.67$5,505.34
Cash to close$260,468$73,000$73,000