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$436,892$436,892$674,100
Remaining term (yrs)24.324.330.0
Secondary amount$0$237,208$0
Funding fee$2,184$2,184$0
Note rate2.680%2.680%7.320%
Blended rate2.680%4.464%7.560%
1st payment$2,033.40$2,033.40$4,630.60
2nd payment$0.00$1,531.97$0.00
Taxes / mo$361.92$361.92$361.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$134.82
HOA / mo$38.08$38.08$38.08
Total monthly$2,650.06$4,182.03$5,382.08
Cash to close$312,108$74,900$74,900