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$443,481$443,481$854,999
Remaining term (yrs)24.524.530.0
Secondary amount$0$411,518$0
Funding fee$2,217$2,217$0
Note rate3.170%3.170%7.400%
Blended rate3.170%5.374%7.640%
1st payment$2,161.46$2,161.46$5,919.84
2nd payment$0.00$2,657.72$0.00
Taxes / mo$791.67$791.67$791.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$171.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,169.80$5,827.52$7,099.17
Cash to close$506,518$95,000$95,000