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$411,749$411,749$440,910
Remaining term (yrs)28.928.930.0
Secondary amount$0$29,161$0
Funding fee$2,059$2,059$0
Note rate6.500%6.500%7.400%
Blended rate6.500%6.665%7.640%
1st payment$2,629.40$2,629.40$3,052.77
2nd payment$0.00$218.70$0.00
Taxes / mo$103.67$103.67$103.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$88.18
HOA / mo$0.00$0.00$0.00
Total monthly$2,899.74$3,118.44$3,411.29
Cash to close$78,151$48,990$48,990