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$417,359$417,359$617,292
Remaining term (yrs)25.425.430.0
Secondary amount$0$199,933$0
Funding fee$2,087$2,087$0
Note rate3.850%3.850%7.400%
Blended rate3.850%5.194%7.640%
1st payment$2,139.17$2,139.17$4,274.01
2nd payment$0.00$1,332.89$0.00
Taxes / mo$174.42$174.42$174.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$123.46
HOA / mo$0.00$0.00$0.00
Total monthly$2,480.26$3,813.14$4,738.55
Cash to close$268,521$68,588$68,588