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$456,540$456,540$764,999
Remaining term (yrs)24.624.630.0
Secondary amount$0$308,459$0
Funding fee$2,283$2,283$0
Note rate3.060%3.060%7.400%
Blended rate3.060%4.951%7.640%
1st payment$2,193.91$2,193.91$5,296.70
2nd payment$0.00$1,992.13$0.00
Taxes / mo$708.33$708.33$708.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$153.00
HOA / mo$195.00$195.00$195.00
Total monthly$3,313.91$5,306.04$6,569.70
Cash to close$393,459$85,000$85,000