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$410,385$410,385$436,500
Remaining term (yrs)28.928.930.0
Secondary amount$0$26,115$0
Funding fee$2,052$2,052$0
Note rate6.260%6.260%7.400%
Blended rate6.260%6.424%7.640%
1st payment$2,556.82$2,556.82$3,022.24
2nd payment$0.00$195.86$0.00
Taxes / mo$112.83$112.83$112.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$87.30
HOA / mo$0.00$0.00$0.00
Total monthly$2,836.32$3,032.18$3,389.04
Cash to close$74,615$48,500$48,500