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$483,615$483,615$787,500
Remaining term (yrs)23.723.730.0
Secondary amount$0$303,885$0
Funding fee$2,418$2,418$0
Note rate3.350%3.350%7.320%
Blended rate3.350%5.048%7.560%
1st payment$2,457.13$2,457.13$5,409.58
2nd payment$0.00$1,962.59$0.00
Taxes / mo$729.17$729.17$729.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$157.50
HOA / mo$0.00$0.00$0.00
Total monthly$3,402.97$5,365.56$6,512.91
Cash to close$391,385$87,500$87,500