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$456,174$456,174$701,100
Remaining term (yrs)24.824.830.0
Secondary amount$0$244,926$0
Funding fee$2,281$2,281$0
Note rate3.020%3.020%7.400%
Blended rate3.020%4.672%7.640%
1st payment$2,172.83$2,172.83$4,854.27
2nd payment$0.00$1,581.82$0.00
Taxes / mo$649.17$649.17$649.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$140.22
HOA / mo$195.00$195.00$195.00
Total monthly$3,233.67$4,815.48$6,055.33
Cash to close$322,826$77,900$77,900