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$403,575$403,575$940,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$536,925$0
Funding fee$2,018$2,018$0
Note rate3.050%3.050%7.400%
Blended rate3.050%5.733%7.640%
1st payment$1,946.09$1,946.09$6,511.83
2nd payment$0.00$3,467.64$0.00
Taxes / mo$597.00$597.00$597.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$188.10
HOA / mo$220.00$220.00$220.00
Total monthly$2,979.75$6,447.39$7,733.60
Cash to close$641,425$104,500$104,500