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$494,304$494,304$899,991
Remaining term (yrs)21.121.130.0
Secondary amount$0$405,687$0
Funding fee$2,472$2,472$0
Note rate3.780%3.780%7.400%
Blended rate3.780%5.570%7.640%
1st payment$2,822.99$2,822.99$6,231.36
2nd payment$0.00$2,620.06$0.00
Taxes / mo$833.32$833.32$833.32
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$180.00
HOA / mo$135.00$135.00$135.00
Total monthly$4,007.98$6,628.04$7,596.35
Cash to close$505,686$99,999$99,999