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$505,207$505,207$971,910
Remaining term (yrs)19.919.930.0
Secondary amount$0$466,703$0
Funding fee$2,526$2,526$0
Note rate3.430%3.430%7.400%
Blended rate3.430%5.504%7.640%
1st payment$2,903.44$2,903.44$6,729.31
2nd payment$0.00$3,014.12$0.00
Taxes / mo$899.92$899.92$899.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$194.38
HOA / mo$0.00$0.00$0.00
Total monthly$4,020.03$7,034.15$8,040.27
Cash to close$574,693$107,990$107,990