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$415,046$415,046$989,999
Remaining term (yrs)23.723.730.0
Secondary amount$0$574,953$0
Funding fee$2,075$2,075$0
Note rate2.750%2.750%7.400%
Blended rate2.750%5.654%7.640%
1st payment$1,979.97$1,979.97$6,854.55
2nd payment$0.00$3,713.24$0.00
Taxes / mo$272.50$272.50$272.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$198.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,469.14$6,182.37$7,541.72
Cash to close$684,953$110,000$110,000