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$425,329$425,329$652,410
Remaining term (yrs)23.823.830.0
Secondary amount$0$227,081$0
Funding fee$2,127$2,127$0
Note rate2.250%2.250%7.320%
Blended rate2.250%4.164%7.560%
1st payment$1,917.68$1,917.68$4,481.60
2nd payment$0.00$1,466.57$0.00
Taxes / mo$383.25$383.25$383.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$130.48
HOA / mo$0.00$0.00$0.00
Total monthly$2,517.59$3,984.16$5,212.00
Cash to close$299,571$72,490$72,490