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$433,712$433,712$668,700
Remaining term (yrs)24.124.130.0
Secondary amount$0$234,988$0
Funding fee$2,169$2,169$0
Note rate2.810%2.810%7.400%
Blended rate2.810%4.546%7.640%
1st payment$2,057.13$2,057.13$4,629.94
2nd payment$0.00$1,517.63$0.00
Taxes / mo$253.67$253.67$253.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$133.74
HOA / mo$0.00$0.00$0.00
Total monthly$2,527.46$4,045.10$5,234.02
Cash to close$309,288$74,300$74,300