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$410,587$410,587$809,100
Remaining term (yrs)27.927.930.0
Secondary amount$0$398,513$0
Funding fee$2,053$2,053$0
Note rate6.090%6.090%7.320%
Blended rate6.090%6.908%7.560%
1st payment$2,546.10$2,546.10$5,557.96
2nd payment$0.00$2,573.73$0.00
Taxes / mo$220.08$220.08$220.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$161.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,982.85$5,556.58$6,156.53
Cash to close$488,413$89,900$89,900