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$441,151$441,151$688,500
Remaining term (yrs)23.923.930.0
Secondary amount$0$247,349$0
Funding fee$2,206$2,206$0
Note rate3.010%3.010%7.320%
Blended rate3.010%4.713%7.560%
1st payment$2,152.93$2,152.93$4,729.52
2nd payment$0.00$1,597.46$0.00
Taxes / mo$199.33$199.33$199.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$137.70
HOA / mo$62.00$62.00$62.00
Total monthly$2,630.93$4,228.39$5,345.22
Cash to close$323,849$76,500$76,500