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$466,805$466,805$629,999
Remaining term (yrs)22.522.530.0
Secondary amount$0$163,194$0
Funding fee$2,334$2,334$0
Note rate4.060%4.060%7.320%
Blended rate4.060%5.081%7.560%
1st payment$2,628.02$2,628.02$4,327.66
2nd payment$0.00$1,087.96$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$240.00$240.00$240.00
Total monthly$3,618.02$4,705.98$5,443.66
Cash to close$233,194$70,000$70,000