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$428,024$428,024$611,910
Remaining term (yrs)26.026.030.0
Secondary amount$0$183,886$0
Funding fee$2,140$2,140$0
Note rate6.290%6.290%7.320%
Blended rate6.290%6.804%7.560%
1st payment$2,782.44$2,782.44$4,203.40
2nd payment$0.00$1,225.90$0.00
Taxes / mo$247.33$247.33$247.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$122.38
HOA / mo$0.00$0.00$0.00
Total monthly$3,196.44$4,422.35$4,739.78
Cash to close$251,876$67,990$67,990