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$422,506$422,506$782,100
Remaining term (yrs)24.224.230.0
Secondary amount$0$359,594$0
Funding fee$2,113$2,113$0
Note rate2.810%2.810%7.320%
Blended rate2.810%5.081%7.560%
1st payment$1,999.19$1,999.19$5,372.48
2nd payment$0.00$2,322.38$0.00
Taxes / mo$724.17$724.17$724.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$156.42
HOA / mo$0.00$0.00$0.00
Total monthly$2,940.02$5,262.40$6,469.74
Cash to close$446,494$86,900$86,900