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$438,065$438,065$697,500
Remaining term (yrs)19.719.730.0
Secondary amount$0$259,435$0
Funding fee$2,190$2,190$0
Note rate3.570%3.570%7.240%
Blended rate3.570%5.125%7.480%
1st payment$2,571.12$2,571.12$4,753.45
2nd payment$0.00$1,675.52$0.00
Taxes / mo$645.83$645.83$645.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$139.50
HOA / mo$59.00$59.00$59.00
Total monthly$3,492.62$5,168.14$5,814.45
Cash to close$336,935$77,500$77,500