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$443,174$443,174$1,348,200
Remaining term (yrs)23.423.430.0
Secondary amount$0$905,026$0
Funding fee$2,216$2,216$0
Note rate3.480%3.480%7.400%
Blended rate3.480%6.346%7.640%
1st payment$2,297.66$2,297.66$9,334.66
2nd payment$0.00$5,844.96$0.00
Taxes / mo$1,248.33$1,248.33$1,248.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$269.64
HOA / mo$0.00$0.00$0.00
Total monthly$3,762.66$9,607.62$11,069.30
Cash to close$1,054,826$149,800$149,800