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$421,064$421,064$688,500
Remaining term (yrs)24.324.330.0
Secondary amount$0$267,436$0
Funding fee$2,105$2,105$0
Note rate2.680%2.680%7.400%
Blended rate2.680%4.649%7.640%
1st payment$1,959.73$1,959.73$4,767.03
2nd payment$0.00$1,727.19$0.00
Taxes / mo$482.33$482.33$482.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$137.70
HOA / mo$0.00$0.00$0.00
Total monthly$2,658.73$4,385.92$5,603.73
Cash to close$343,936$76,500$76,500