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$438,851$438,851$989,999
Remaining term (yrs)23.323.330.0
Secondary amount$0$551,149$0
Funding fee$2,194$2,194$0
Note rate3.470%3.470%7.320%
Blended rate3.470%5.853%7.560%
1st payment$2,283.39$2,283.39$6,800.61
2nd payment$0.00$3,559.50$0.00
Taxes / mo$474.92$474.92$474.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$198.00
HOA / mo$341.00$341.00$341.00
Total monthly$3,315.97$6,875.47$8,031.19
Cash to close$661,148$110,000$110,000