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$468,106$468,106$809,100
Remaining term (yrs)24.124.130.0
Secondary amount$0$340,994$0
Funding fee$2,341$2,341$0
Note rate2.780%2.780%7.400%
Blended rate2.780%4.875%7.640%
1st payment$2,213.09$2,213.09$5,602.04
2nd payment$0.00$2,202.26$0.00
Taxes / mo$749.17$749.17$749.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$161.82
HOA / mo$330.00$330.00$330.00
Total monthly$3,508.93$5,711.18$7,059.70
Cash to close$430,894$89,900$89,900