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$423,249$423,249$629,910
Remaining term (yrs)23.223.230.0
Secondary amount$0$206,661$0
Funding fee$2,116$2,116$0
Note rate3.680%3.680%7.320%
Blended rate3.680%5.015%7.560%
1st payment$2,254.52$2,254.52$4,327.04
2nd payment$0.00$1,334.68$0.00
Taxes / mo$514.08$514.08$514.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.98
HOA / mo$62.00$62.00$62.00
Total monthly$2,997.27$4,331.96$5,195.78
Cash to close$276,651$69,990$69,990