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$412,923$412,923$719,100
Remaining term (yrs)23.423.430.0
Secondary amount$0$306,177$0
Funding fee$2,065$2,065$0
Note rate3.620%3.620%7.400%
Blended rate3.620%5.378%7.640%
1st payment$2,171.55$2,171.55$4,978.90
2nd payment$0.00$1,977.39$0.00
Taxes / mo$665.83$665.83$665.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.82
HOA / mo$725.00$725.00$725.00
Total monthly$3,779.05$5,756.44$6,730.22
Cash to close$386,077$79,900$79,900