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$407,208$407,208$755,100
Remaining term (yrs)23.023.030.0
Secondary amount$0$347,892$0
Funding fee$2,036$2,036$0
Note rate3.640%3.640%7.400%
Blended rate3.640%5.534%7.640%
1st payment$2,170.26$2,170.26$5,228.16
2nd payment$0.00$2,246.80$0.00
Taxes / mo$699.17$699.17$699.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$151.02
HOA / mo$0.00$0.00$0.00
Total monthly$3,086.09$5,332.89$6,295.01
Cash to close$431,792$83,900$83,900