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$420,850$420,850$674,100
Remaining term (yrs)25.525.530.0
Secondary amount$0$253,250$0
Funding fee$2,104$2,104$0
Note rate4.420%4.420%7.320%
Blended rate4.420%5.671%7.560%
1st payment$2,287.22$2,287.22$4,630.60
2nd payment$0.00$1,635.57$0.00
Taxes / mo$134.17$134.17$134.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$134.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,638.06$4,273.63$5,116.25
Cash to close$328,150$74,900$74,900