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$421,609$421,609$539,910
Remaining term (yrs)26.726.730.0
Secondary amount$0$118,301$0
Funding fee$2,108$2,108$0
Note rate6.790%6.790%7.400%
Blended rate6.790%7.055%7.640%
1st payment$2,848.61$2,848.61$3,738.23
2nd payment$0.00$788.67$0.00
Taxes / mo$243.00$243.00$243.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.98
HOA / mo$34.00$34.00$34.00
Total monthly$3,292.27$4,080.95$4,289.88
Cash to close$178,291$59,990$59,990