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$419,435$419,435$549,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$129,565$0
Funding fee$2,097$2,097$0
Note rate2.790%2.790%7.320%
Blended rate2.790%4.020%7.560%
1st payment$1,970.96$1,970.96$3,771.25
2nd payment$0.00$863.77$0.00
Taxes / mo$508.33$508.33$508.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$109.80
HOA / mo$10.00$10.00$10.00
Total monthly$2,655.96$3,519.73$4,566.05
Cash to close$190,565$61,000$61,000