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$441,342$441,342$1,079,100
Remaining term (yrs)23.323.330.0
Secondary amount$0$637,758$0
Funding fee$2,207$2,207$0
Note rate3.720%3.720%7.320%
Blended rate3.720%6.102%7.560%
1st payment$2,355.06$2,355.06$7,412.67
2nd payment$0.00$4,118.85$0.00
Taxes / mo$999.17$999.17$999.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$215.82
HOA / mo$0.00$0.00$0.00
Total monthly$3,570.90$7,689.75$8,844.32
Cash to close$757,658$119,900$119,900