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$403,887$403,887$539,099
Remaining term (yrs)28.828.830.0
Secondary amount$0$135,212$0
Funding fee$2,019$2,019$0
Note rate6.770%6.770%7.400%
Blended rate6.770%7.078%7.640%
1st payment$2,655.61$2,655.61$3,732.61
2nd payment$0.00$901.41$0.00
Taxes / mo$135.25$135.25$135.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,957.52$3,858.94$4,142.35
Cash to close$195,112$59,900$59,900