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$449,066$449,066$877,500
Remaining term (yrs)25.225.230.0
Secondary amount$0$428,434$0
Funding fee$2,245$2,245$0
Note rate3.070%3.070%7.400%
Blended rate3.070%5.355%7.640%
1st payment$2,127.13$2,127.13$6,075.63
2nd payment$0.00$2,766.97$0.00
Taxes / mo$812.50$812.50$812.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$175.50
HOA / mo$99.00$99.00$99.00
Total monthly$3,255.30$6,022.27$7,379.30
Cash to close$525,934$97,500$97,500