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$444,440$444,440$607,500
Remaining term (yrs)24.324.330.0
Secondary amount$0$163,060$0
Funding fee$2,222$2,222$0
Note rate2.670%2.670%7.320%
Blended rate2.670%4.101%7.560%
1st payment$2,066.28$2,066.28$4,173.10
2nd payment$0.00$1,087.06$0.00
Taxes / mo$291.19$291.19$291.19
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$121.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,524.13$3,611.20$4,752.46
Cash to close$230,560$67,500$67,500