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$396,881$396,881$809,910
Remaining term (yrs)19.219.230.0
Secondary amount$0$413,029$0
Funding fee$1,984$1,984$0
Note rate4.280%4.280%7.320%
Blended rate4.280%6.050%7.560%
1st payment$2,517.86$2,517.86$5,563.52
2nd payment$0.00$2,667.48$0.00
Taxes / mo$564.75$564.75$564.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$161.98
HOA / mo$105.92$105.92$105.92
Total monthly$3,405.20$6,072.68$6,612.84
Cash to close$503,019$89,990$89,990