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$412,574$412,574$1,035,000
Remaining term (yrs)29.429.430.0
Secondary amount$0$622,426$0
Funding fee$2,063$2,063$0
Note rate6.180%6.180%7.400%
Blended rate6.180%7.124%7.640%
1st payment$2,536.36$2,536.36$7,166.13
2nd payment$0.00$4,019.83$0.00
Taxes / mo$170.67$170.67$170.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$207.00
HOA / mo$231.00$231.00$231.00
Total monthly$3,154.70$7,174.53$7,991.46
Cash to close$737,426$115,000$115,000