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$441,858$441,858$616,500
Remaining term (yrs)23.723.730.0
Secondary amount$0$174,642$0
Funding fee$2,209$2,209$0
Note rate3.260%3.260%7.400%
Blended rate3.260%4.603%7.640%
1st payment$2,224.10$2,224.10$4,268.52
2nd payment$0.00$1,164.28$0.00
Taxes / mo$570.83$570.83$570.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$123.30
HOA / mo$0.00$0.00$0.00
Total monthly$2,961.60$4,125.87$5,129.32
Cash to close$243,142$68,500$68,500