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$422,207$422,207$719,100
Remaining term (yrs)24.924.930.0
Secondary amount$0$296,893$0
Funding fee$2,111$2,111$0
Note rate2.980%2.980%7.320%
Blended rate2.980%4.949%7.560%
1st payment$1,997.76$1,997.76$4,939.72
2nd payment$0.00$1,917.43$0.00
Taxes / mo$326.75$326.75$326.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.82
HOA / mo$76.00$76.00$76.00
Total monthly$2,617.18$4,534.61$5,702.95
Cash to close$376,793$79,900$79,900