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$446,333$446,333$765,000
Remaining term (yrs)23.723.730.0
Secondary amount$0$318,667$0
Funding fee$2,232$2,232$0
Note rate3.230%3.230%7.400%
Blended rate3.230%5.113%7.640%
1st payment$2,239.61$2,239.61$5,296.71
2nd payment$0.00$2,058.06$0.00
Taxes / mo$708.33$708.33$708.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$153.00
HOA / mo$137.00$137.00$137.00
Total monthly$3,301.61$5,359.67$6,511.71
Cash to close$403,667$85,000$85,000