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$442,872$442,872$805,500
Remaining term (yrs)24.524.530.0
Secondary amount$0$362,628$0
Funding fee$2,214$2,214$0
Note rate3.180%3.180%7.400%
Blended rate3.180%5.237%7.640%
1st payment$2,160.82$2,160.82$5,577.12
2nd payment$0.00$2,341.97$0.00
Taxes / mo$580.67$580.67$580.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$161.10
HOA / mo$70.00$70.00$70.00
Total monthly$3,028.15$5,370.12$6,605.55
Cash to close$452,128$89,500$89,500