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$449,855$449,855$800,910
Remaining term (yrs)23.823.830.0
Secondary amount$0$351,055$0
Funding fee$2,249$2,249$0
Note rate3.340%3.340%7.400%
Blended rate3.340%5.273%7.640%
1st payment$2,278.03$2,278.03$5,545.34
2nd payment$0.00$2,267.23$0.00
Taxes / mo$230.25$230.25$230.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$160.18
HOA / mo$0.00$0.00$0.00
Total monthly$2,724.95$4,992.18$6,152.44
Cash to close$440,045$88,990$88,990