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$443,502$443,502$899,100
Remaining term (yrs)23.423.430.0
Secondary amount$0$455,598$0
Funding fee$2,218$2,218$0
Note rate3.650%3.650%7.320%
Blended rate3.650%5.728%7.560%
1st payment$2,344.71$2,344.71$6,176.19
2nd payment$0.00$2,942.40$0.00
Taxes / mo$615.25$615.25$615.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$179.82
HOA / mo$10.42$10.42$10.42
Total monthly$3,187.05$6,129.45$7,198.35
Cash to close$555,498$99,900$99,900