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$407,217$407,217$945,000
Remaining term (yrs)21.421.430.0
Secondary amount$0$537,783$0
Funding fee$2,036$2,036$0
Note rate4.100%4.100%7.320%
Blended rate4.100%6.177%7.560%
1st payment$2,377.46$2,377.46$6,491.49
2nd payment$0.00$3,473.18$0.00
Taxes / mo$17.42$17.42$17.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$189.00
HOA / mo$41.67$41.67$41.67
Total monthly$2,653.21$6,126.39$6,956.25
Cash to close$642,783$105,000$105,000