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$571,504$571,504$854,100
Remaining term (yrs)27.427.430.0
Secondary amount$0$282,596$0
Funding fee$2,858$2,858$0
Note rate6.880%6.880%7.400%
Blended rate6.880%7.168%7.640%
1st payment$3,858.13$3,858.13$5,913.62
2nd payment$0.00$1,825.10$0.00
Taxes / mo$328.67$328.67$328.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$170.82
HOA / mo$68.00$68.00$68.00
Total monthly$4,471.47$6,296.56$6,697.77
Cash to close$377,496$94,900$94,900