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$448,486$448,486$945,000
Remaining term (yrs)19.719.730.0
Secondary amount$0$496,514$0
Funding fee$2,242$2,242$0
Note rate3.600%3.600%7.320%
Blended rate3.600%5.780%7.560%
1st payment$2,639.22$2,639.22$6,491.49
2nd payment$0.00$3,206.65$0.00
Taxes / mo$207.83$207.83$207.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$189.00
HOA / mo$10.42$10.42$10.42
Total monthly$3,074.14$6,280.79$7,115.41
Cash to close$601,514$105,000$105,000