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$440,359$440,359$674,910
Remaining term (yrs)25.125.130.0
Secondary amount$0$234,551$0
Funding fee$2,202$2,202$0
Note rate3.120%3.120%7.400%
Blended rate3.120%4.729%7.640%
1st payment$2,101.99$2,101.99$4,672.94
2nd payment$0.00$1,514.81$0.00
Taxes / mo$624.92$624.92$624.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$134.98
HOA / mo$85.00$85.00$85.00
Total monthly$3,028.57$4,543.38$5,734.51
Cash to close$309,541$74,990$74,990