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$427,846$427,846$506,250
Remaining term (yrs)28.828.830.0
Secondary amount$0$78,404$0
Funding fee$2,139$2,139$0
Note rate6.810%6.810%7.400%
Blended rate6.810%7.149%7.640%
1st payment$2,824.42$2,824.42$3,505.17
2nd payment$0.00$588.03$0.00
Taxes / mo$191.42$191.42$191.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$101.25
HOA / mo$4.17$4.17$4.17
Total monthly$3,186.67$3,774.70$3,968.68
Cash to close$134,654$56,250$56,250