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$439,500$439,500$855,000
Remaining term (yrs)27.027.030.0
Secondary amount$0$415,500$0
Funding fee$2,198$2,198$0
Note rate7.570%7.570%7.400%
Blended rate7.570%7.657%7.640%
1st payment$3,182.14$3,182.14$5,919.85
2nd payment$0.00$2,683.44$0.00
Taxes / mo$389.25$389.25$389.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$171.00
HOA / mo$50.00$50.00$50.00
Total monthly$3,838.06$6,521.50$6,746.76
Cash to close$510,500$95,000$95,000