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$473,314$473,314$945,000
Remaining term (yrs)24.524.530.0
Secondary amount$0$471,686$0
Funding fee$2,367$2,367$0
Note rate3.020%3.020%7.400%
Blended rate3.020%5.381%7.640%
1st payment$2,269.81$2,269.81$6,542.99
2nd payment$0.00$3,046.31$0.00
Taxes / mo$250.50$250.50$250.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$189.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,736.98$5,783.28$7,199.16
Cash to close$576,686$105,000$105,000