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$438,681$438,681$1,228,500
Remaining term (yrs)22.122.130.0
Secondary amount$0$789,819$0
Funding fee$2,193$2,193$0
Note rate3.210%3.210%7.400%
Blended rate3.210%6.129%7.640%
1st payment$2,301.10$2,301.10$8,505.89
2nd payment$0.00$5,100.91$0.00
Taxes / mo$557.42$557.42$557.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$245.70
HOA / mo$0.00$0.00$0.00
Total monthly$3,075.18$8,176.10$9,525.67
Cash to close$926,319$136,500$136,500