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$466,513$466,513$791,100
Remaining term (yrs)21.421.430.0
Secondary amount$0$324,587$0
Funding fee$2,333$2,333$0
Note rate4.320%4.320%7.320%
Blended rate4.320%5.727%7.560%
1st payment$2,779.10$2,779.10$5,434.31
2nd payment$0.00$2,096.29$0.00
Taxes / mo$364.86$364.86$364.86
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$158.22
HOA / mo$8.33$8.33$8.33
Total monthly$3,368.96$5,465.25$6,182.39
Cash to close$412,487$87,900$87,900