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$439,164$439,164$935,100
Remaining term (yrs)23.823.830.0
Secondary amount$0$495,936$0
Funding fee$2,196$2,196$0
Note rate2.880%2.880%7.320%
Blended rate2.880%5.463%7.560%
1st payment$2,118.98$2,118.98$6,423.49
2nd payment$0.00$3,202.92$0.00
Taxes / mo$865.83$865.83$865.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$187.02
HOA / mo$91.00$91.00$91.00
Total monthly$3,292.48$6,495.40$7,784.01
Cash to close$599,836$103,900$103,900