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$431,969$431,969$621,000
Remaining term (yrs)25.425.430.0
Secondary amount$0$189,031$0
Funding fee$2,160$2,160$0
Note rate3.890%3.890%7.320%
Blended rate3.890%5.141%7.560%
1st payment$2,223.57$2,223.57$4,265.84
2nd payment$0.00$1,260.21$0.00
Taxes / mo$527.75$527.75$527.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$124.20
HOA / mo$187.33$187.33$187.33
Total monthly$3,105.32$4,365.53$5,271.79
Cash to close$258,031$69,000$69,000