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$419,448$419,448$841,500
Remaining term (yrs)23.823.830.0
Secondary amount$0$422,052$0
Funding fee$2,097$2,097$0
Note rate3.240%3.240%7.400%
Blended rate3.240%5.502%7.640%
1st payment$2,102.03$2,102.03$5,826.38
2nd payment$0.00$2,725.76$0.00
Taxes / mo$779.17$779.17$779.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$168.30
HOA / mo$315.00$315.00$315.00
Total monthly$3,412.86$6,138.62$7,305.51
Cash to close$515,552$93,500$93,500