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$416,105$416,105$629,999
Remaining term (yrs)21.121.130.0
Secondary amount$0$213,894$0
Funding fee$2,081$2,081$0
Note rate3.880%3.880%7.400%
Blended rate3.880%5.194%7.640%
1st payment$2,398.39$2,398.39$4,361.99
2nd payment$0.00$1,381.40$0.00
Taxes / mo$583.33$583.33$583.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$126.00
HOA / mo$340.00$340.00$340.00
Total monthly$3,488.39$4,869.79$5,577.99
Cash to close$283,894$70,000$70,000