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$452,776$452,776$1,035,000
Remaining term (yrs)21.521.530.0
Secondary amount$0$582,224$0
Funding fee$2,264$2,264$0
Note rate4.450%4.450%7.400%
Blended rate4.450%6.306%7.640%
1st payment$2,716.82$2,716.82$7,166.13
2nd payment$0.00$3,760.20$0.00
Taxes / mo$958.33$958.33$958.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$207.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,891.82$7,652.02$8,548.13
Cash to close$697,224$115,000$115,000