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$422,026$422,026$652,410
Remaining term (yrs)24.924.930.0
Secondary amount$0$230,384$0
Funding fee$2,110$2,110$0
Note rate2.840%2.840%7.400%
Blended rate2.840%4.574%7.640%
1st payment$1,961.86$1,961.86$4,517.16
2nd payment$0.00$1,487.90$0.00
Taxes / mo$399.33$399.33$399.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$130.48
HOA / mo$59.67$59.67$59.67
Total monthly$2,637.53$4,125.43$5,323.31
Cash to close$302,874$72,490$72,490