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$421,444$421,444$594,000
Remaining term (yrs)25.425.430.0
Secondary amount$0$172,556$0
Funding fee$2,107$2,107$0
Note rate3.760%3.760%7.400%
Blended rate3.760%4.992%7.640%
1st payment$2,139.30$2,139.30$4,112.74
2nd payment$0.00$1,150.37$0.00
Taxes / mo$557.08$557.08$557.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$118.80
HOA / mo$85.00$85.00$85.00
Total monthly$2,948.05$4,098.42$5,040.29
Cash to close$238,556$66,000$66,000