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$468,233$468,233$926,100
Remaining term (yrs)25.325.330.0
Secondary amount$0$457,867$0
Funding fee$2,341$2,341$0
Note rate3.100%3.100%7.400%
Blended rate3.100%5.399%7.640%
1st payment$2,220.49$2,220.49$6,412.13
2nd payment$0.00$2,957.06$0.00
Taxes / mo$857.50$857.50$857.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$185.22
HOA / mo$135.00$135.00$135.00
Total monthly$3,429.65$6,386.71$7,806.52
Cash to close$560,767$102,900$102,900