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$417,651$417,651$669,600
Remaining term (yrs)22.722.730.0
Secondary amount$0$251,949$0
Funding fee$2,088$2,088$0
Note rate3.930%3.930%7.400%
Blended rate3.930%5.367%7.640%
1st payment$2,311.45$2,311.45$4,636.18
2nd payment$0.00$1,627.17$0.00
Taxes / mo$620.00$620.00$620.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$133.92
HOA / mo$0.00$0.00$0.00
Total monthly$3,148.11$4,775.29$5,606.76
Cash to close$326,349$74,400$74,400