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$430,880$430,880$629,910
Remaining term (yrs)24.524.530.0
Secondary amount$0$199,030$0
Funding fee$2,154$2,154$0
Note rate3.130%3.130%7.320%
Blended rate3.130%4.669%7.560%
1st payment$2,091.02$2,091.02$4,327.04
2nd payment$0.00$1,326.87$0.00
Taxes / mo$139.25$139.25$139.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,396.94$3,723.81$4,758.94
Cash to close$269,020$69,990$69,990