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$458,185$458,185$985,500
Remaining term (yrs)21.121.130.0
Secondary amount$0$527,315$0
Funding fee$2,291$2,291$0
Note rate4.090%4.090%7.400%
Blended rate4.090%6.048%7.640%
1st payment$2,692.21$2,692.21$6,823.40
2nd payment$0.00$3,405.58$0.00
Taxes / mo$912.50$912.50$912.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$197.10
HOA / mo$874.00$874.00$874.00
Total monthly$4,695.38$8,100.95$9,023.67
Cash to close$636,815$109,500$109,500