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$474,091$474,091$787,500
Remaining term (yrs)23.223.230.0
Secondary amount$0$313,409$0
Funding fee$2,370$2,370$0
Note rate3.680%3.680%7.400%
Blended rate3.680%5.300%7.640%
1st payment$2,525.34$2,525.34$5,452.49
2nd payment$0.00$2,024.10$0.00
Taxes / mo$521.92$521.92$521.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$157.50
HOA / mo$83.00$83.00$83.00
Total monthly$3,346.92$5,371.02$6,431.57
Cash to close$400,909$87,500$87,500