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$441,566$441,566$898,200
Remaining term (yrs)23.723.730.0
Secondary amount$0$456,634$0
Funding fee$2,208$2,208$0
Note rate3.230%3.230%7.320%
Blended rate3.230%5.528%7.560%
1st payment$2,215.69$2,215.69$6,170.01
2nd payment$0.00$2,949.09$0.00
Taxes / mo$383.75$383.75$383.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$179.64
HOA / mo$0.00$0.00$0.00
Total monthly$2,816.11$5,765.21$6,950.07
Cash to close$556,434$99,800$99,800