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$468,358$468,358$661,500
Remaining term (yrs)19.619.630.0
Secondary amount$0$193,142$0
Funding fee$2,342$2,342$0
Note rate3.000%3.000%7.400%
Blended rate3.000%4.460%7.640%
1st payment$2,621.52$2,621.52$4,580.09
2nd payment$0.00$1,287.61$0.00
Taxes / mo$763.67$763.67$763.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$132.30
HOA / mo$47.00$47.00$47.00
Total monthly$3,648.85$4,936.46$5,739.73
Cash to close$266,642$73,500$73,500