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$439,490$439,490$828,000
Remaining term (yrs)20.020.030.0
Secondary amount$0$388,510$0
Funding fee$2,197$2,197$0
Note rate3.690%3.690%7.400%
Blended rate3.690%5.595%7.640%
1st payment$2,577.50$2,577.50$5,732.90
2nd payment$0.00$2,509.13$0.00
Taxes / mo$695.92$695.92$695.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$165.60
HOA / mo$62.33$62.33$62.33
Total monthly$3,552.41$6,061.54$6,873.42
Cash to close$480,510$92,000$92,000