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$82,120$82,120$450,000
Remaining term (yrs)26.926.930.0
Secondary amount$0$367,880$0
Funding fee$411$411$0
Note rate6.810%6.810%7.400%
Blended rate6.810%7.578%7.640%
1st payment$554.70$554.70$3,115.71
2nd payment$0.00$2,375.89$0.00
Taxes / mo$227.75$227.75$227.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$90.00
HOA / mo$475.00$475.00$475.00
Total monthly$1,424.12$3,800.01$4,075.13
Cash to close$417,880$50,000$50,000