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$416,564$416,564$467,999
Remaining term (yrs)27.327.330.0
Secondary amount$0$51,435$0
Funding fee$2,083$2,083$0
Note rate6.620%6.620%7.400%
Blended rate6.620%6.882%7.640%
1st payment$2,747.72$2,747.72$3,240.33
2nd payment$0.00$385.76$0.00
Taxes / mo$206.92$206.92$206.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$93.60
HOA / mo$40.00$40.00$40.00
Total monthly$3,161.31$3,547.07$3,747.51
Cash to close$103,435$52,000$52,000