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$401,069$401,069$605,250
Remaining term (yrs)23.823.830.0
Secondary amount$0$204,181$0
Funding fee$2,005$2,005$0
Note rate2.750%2.750%7.320%
Blended rate2.750%4.437%7.560%
1st payment$1,908.57$1,908.57$4,157.65
2nd payment$0.00$1,318.67$0.00
Taxes / mo$560.42$560.42$560.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$121.05
HOA / mo$0.00$0.00$0.00
Total monthly$2,635.66$3,954.32$5,005.78
Cash to close$271,431$67,250$67,250