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$405,623$405,623$593,991
Remaining term (yrs)23.823.830.0
Secondary amount$0$188,368$0
Funding fee$2,028$2,028$0
Note rate3.470%3.470%7.400%
Blended rate3.470%4.907%7.640%
1st payment$2,081.92$2,081.92$4,112.67
2nd payment$0.00$1,255.79$0.00
Taxes / mo$549.99$549.99$549.99
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$118.80
HOA / mo$275.00$275.00$275.00
Total monthly$3,073.57$4,329.36$5,223.13
Cash to close$254,367$65,999$65,999