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$421,170$421,170$526,500
Remaining term (yrs)26.126.130.0
Secondary amount$0$105,330$0
Funding fee$2,106$2,106$0
Note rate6.900%6.900%7.400%
Blended rate6.900%7.120%7.640%
1st payment$2,897.84$2,897.84$3,645.38
2nd payment$0.00$702.20$0.00
Taxes / mo$138.92$138.92$138.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$105.30
HOA / mo$0.00$0.00$0.00
Total monthly$3,203.42$3,905.63$4,056.26
Cash to close$163,830$58,500$58,500