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$444,830$444,830$674,100
Remaining term (yrs)24.524.530.0
Secondary amount$0$229,270$0
Funding fee$2,224$2,224$0
Note rate3.090%3.090%7.320%
Blended rate3.090%4.675%7.560%
1st payment$2,149.43$2,149.43$4,630.60
2nd payment$0.00$1,480.70$0.00
Taxes / mo$394.33$394.33$394.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$134.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,760.43$4,241.13$5,376.42
Cash to close$304,170$74,900$74,900