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$440,521$440,521$611,100
Remaining term (yrs)23.923.930.0
Secondary amount$0$170,579$0
Funding fee$2,203$2,203$0
Note rate2.910%2.910%7.320%
Blended rate2.910%4.331%7.560%
1st payment$2,127.17$2,127.17$4,197.83
2nd payment$0.00$1,137.19$0.00
Taxes / mo$387.25$387.25$387.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$122.22
HOA / mo$58.00$58.00$58.00
Total monthly$2,739.09$3,876.28$4,931.97
Cash to close$238,479$67,900$67,900