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$442,591$442,591$629,100
Remaining term (yrs)24.724.730.0
Secondary amount$0$186,509$0
Funding fee$2,213$2,213$0
Note rate3.060%3.060%7.400%
Blended rate3.060%4.525%7.640%
1st payment$2,122.10$2,122.10$4,355.76
2nd payment$0.00$1,243.40$0.00
Taxes / mo$582.50$582.50$582.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,871.27$4,114.66$5,230.75
Cash to close$256,409$69,900$69,900