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$425,271$425,271$760,499
Remaining term (yrs)23.823.830.0
Secondary amount$0$335,229$0
Funding fee$2,126$2,126$0
Note rate3.160%3.160%7.400%
Blended rate3.160%5.183%7.640%
1st payment$2,113.45$2,113.45$5,265.54
2nd payment$0.00$2,165.02$0.00
Taxes / mo$704.17$704.17$704.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$152.10
HOA / mo$0.00$0.00$0.00
Total monthly$3,034.28$5,199.30$6,338.47
Cash to close$419,728$84,500$84,500