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$443,297$443,297$796,500
Remaining term (yrs)10.410.430.0
Secondary amount$0$353,203$0
Funding fee$2,216$2,216$0
Note rate2.790%2.790%7.400%
Blended rate2.790%4.989%7.640%
1st payment$4,062.74$4,062.74$5,514.81
2nd payment$0.00$2,281.10$0.00
Taxes / mo$325.86$325.86$325.86
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$159.30
HOA / mo$0.00$0.00$0.00
Total monthly$4,605.27$6,886.37$6,216.63
Cash to close$441,703$88,500$88,500