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$490,301$490,301$786,600
Remaining term (yrs)24.224.230.0
Secondary amount$0$296,299$0
Funding fee$2,452$2,452$0
Note rate2.830%2.830%7.400%
Blended rate2.830%4.683%7.640%
1st payment$2,325.00$2,325.00$5,446.26
2nd payment$0.00$1,913.60$0.00
Taxes / mo$728.33$728.33$728.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$157.32
HOA / mo$73.00$73.00$73.00
Total monthly$3,343.00$5,256.60$6,621.58
Cash to close$383,699$87,400$87,400