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$426,488$426,488$931,500
Remaining term (yrs)23.223.230.0
Secondary amount$0$505,012$0
Funding fee$2,132$2,132$0
Note rate3.660%3.660%7.400%
Blended rate3.660%5.877%7.640%
1st payment$2,267.22$2,267.22$6,449.52
2nd payment$0.00$3,261.54$0.00
Taxes / mo$469.33$469.33$469.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$186.30
HOA / mo$184.00$184.00$184.00
Total monthly$3,137.22$6,398.75$7,505.82
Cash to close$608,512$103,500$103,500