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$433,919$433,919$966,600
Remaining term (yrs)23.923.930.0
Secondary amount$0$532,681$0
Funding fee$2,170$2,170$0
Note rate2.960%2.960%7.320%
Blended rate2.960%5.600%7.560%
1st payment$2,101.44$2,101.44$6,639.87
2nd payment$0.00$3,440.23$0.00
Taxes / mo$895.00$895.00$895.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$193.32
HOA / mo$399.00$399.00$399.00
Total monthly$3,612.11$7,052.34$8,343.86
Cash to close$640,081$107,400$107,400