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$442,076$442,076$845,100
Remaining term (yrs)24.024.030.0
Secondary amount$0$403,024$0
Funding fee$2,210$2,210$0
Note rate2.990%2.990%7.400%
Blended rate2.990%5.260%7.640%
1st payment$2,142.73$2,142.73$5,851.30
2nd payment$0.00$2,602.86$0.00
Taxes / mo$782.50$782.50$782.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$169.02
HOA / mo$125.00$125.00$125.00
Total monthly$3,266.89$5,869.76$7,144.49
Cash to close$496,924$93,900$93,900