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$423,967$423,967$715,500
Remaining term (yrs)25.325.330.0
Secondary amount$0$291,533$0
Funding fee$2,120$2,120$0
Note rate3.100%3.100%7.320%
Blended rate3.100%4.995%7.560%
1st payment$2,006.24$2,006.24$4,914.99
2nd payment$0.00$1,882.82$0.00
Taxes / mo$662.50$662.50$662.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.10
HOA / mo$33.00$33.00$33.00
Total monthly$2,918.41$4,801.23$5,970.26
Cash to close$371,033$79,500$79,500