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$451,972$451,972$832,500
Remaining term (yrs)23.423.430.0
Secondary amount$0$380,528$0
Funding fee$2,260$2,260$0
Note rate3.470%3.470%7.400%
Blended rate3.470%5.426%7.640%
1st payment$2,340.88$2,340.88$5,764.06
2nd payment$0.00$2,457.58$0.00
Taxes / mo$528.67$528.67$528.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$166.50
HOA / mo$39.58$39.58$39.58
Total monthly$3,125.79$5,583.37$6,715.48
Cash to close$473,028$92,500$92,500