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$462,682$462,682$719,100
Remaining term (yrs)25.425.430.0
Secondary amount$0$256,418$0
Funding fee$2,313$2,313$0
Note rate3.760%3.760%7.400%
Blended rate3.760%5.183%7.640%
1st payment$2,353.19$2,353.19$4,978.90
2nd payment$0.00$1,656.03$0.00
Taxes / mo$665.83$665.83$665.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.82
HOA / mo$0.00$0.00$0.00
Total monthly$3,235.69$4,891.73$6,005.22
Cash to close$336,318$79,900$79,900