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$388,867$388,867$647,910
Remaining term (yrs)22.222.230.0
Secondary amount$0$259,043$0
Funding fee$1,944$1,944$0
Note rate4.870%4.870%7.400%
Blended rate4.870%6.021%7.640%
1st payment$2,383.03$2,383.03$4,486.00
2nd payment$0.00$1,672.99$0.00
Taxes / mo$599.92$599.92$599.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$129.58
HOA / mo$425.00$425.00$425.00
Total monthly$3,624.62$5,297.61$5,857.16
Cash to close$331,033$71,990$71,990