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$468,426$468,426$648,000
Remaining term (yrs)24.724.730.0
Secondary amount$0$179,574$0
Funding fee$2,342$2,342$0
Note rate3.000%3.000%7.400%
Blended rate3.000%4.386%7.640%
1st payment$2,231.35$2,231.35$4,486.62
2nd payment$0.00$1,197.16$0.00
Taxes / mo$249.33$249.33$249.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$129.60
HOA / mo$61.67$61.67$61.67
Total monthly$2,759.02$3,956.18$5,143.89
Cash to close$251,574$72,000$72,000