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$423,768$423,768$782,910
Remaining term (yrs)23.923.930.0
Secondary amount$0$359,142$0
Funding fee$2,119$2,119$0
Note rate3.160%3.160%7.400%
Blended rate3.160%5.266%7.640%
1st payment$2,101.08$2,101.08$5,420.71
2nd payment$0.00$2,319.46$0.00
Taxes / mo$268.17$268.17$268.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$156.58
HOA / mo$62.00$62.00$62.00
Total monthly$2,647.92$4,967.38$6,124.13
Cash to close$446,132$86,990$86,990