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$476,796$476,796$787,500
Remaining term (yrs)24.324.330.0
Secondary amount$0$310,704$0
Funding fee$2,384$2,384$0
Note rate2.700%2.700%7.320%
Blended rate2.700%4.692%7.560%
1st payment$2,218.62$2,218.62$5,409.58
2nd payment$0.00$2,006.63$0.00
Taxes / mo$464.25$464.25$464.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$157.50
HOA / mo$105.00$105.00$105.00
Total monthly$3,004.54$5,011.17$6,353.00
Cash to close$398,204$87,500$87,500