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$479,678$479,678$750,600
Remaining term (yrs)24.324.330.0
Secondary amount$0$270,922$0
Funding fee$2,398$2,398$0
Note rate2.660%2.660%7.400%
Blended rate2.660%4.497%7.640%
1st payment$2,227.67$2,227.67$5,197.00
2nd payment$0.00$1,749.71$0.00
Taxes / mo$649.25$649.25$649.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$150.12
HOA / mo$100.33$100.33$100.33
Total monthly$3,193.91$4,943.62$6,313.37
Cash to close$354,322$83,400$83,400