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$436,848$436,848$742,500
Remaining term (yrs)25.925.930.0
Secondary amount$0$305,652$0
Funding fee$2,184$2,184$0
Note rate5.510%5.510%7.320%
Blended rate5.510%6.432%7.560%
1st payment$2,637.45$2,637.45$5,100.46
2nd payment$0.00$1,974.01$0.00
Taxes / mo$335.50$335.50$335.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$148.50
HOA / mo$0.00$0.00$0.00
Total monthly$3,189.62$5,163.63$5,801.13
Cash to close$388,152$82,500$82,500