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$436,764$436,764$897,300
Remaining term (yrs)22.922.930.0
Secondary amount$0$460,536$0
Funding fee$2,184$2,184$0
Note rate3.600%3.600%7.400%
Blended rate3.600%5.730%7.640%
1st payment$2,329.26$2,329.26$6,212.72
2nd payment$0.00$2,974.29$0.00
Taxes / mo$830.83$830.83$830.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$179.46
HOA / mo$0.00$0.00$0.00
Total monthly$3,376.76$6,351.05$7,439.68
Cash to close$560,236$99,700$99,700