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$355,929$355,929$809,910
Remaining term (yrs)25.425.430.0
Secondary amount$0$453,981$0
Funding fee$1,780$1,780$0
Note rate4.420%4.420%7.400%
Blended rate4.420%6.287%7.640%
1st payment$1,941.20$1,941.20$5,607.65
2nd payment$0.00$2,931.96$0.00
Taxes / mo$205.75$205.75$205.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$161.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,363.62$5,295.58$6,192.05
Cash to close$543,971$89,990$89,990