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$410,119$410,119$854,820
Remaining term (yrs)23.923.930.0
Secondary amount$0$444,701$0
Funding fee$2,051$2,051$0
Note rate2.980%2.980%7.400%
Blended rate2.980%5.461%7.640%
1st payment$1,995.14$1,995.14$5,918.60
2nd payment$0.00$2,872.03$0.00
Taxes / mo$791.50$791.50$791.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$170.96
HOA / mo$0.00$0.00$0.00
Total monthly$3,003.31$5,875.33$7,097.73
Cash to close$539,681$94,980$94,980