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$409,580$409,580$855,000
Remaining term (yrs)23.323.330.0
Secondary amount$0$445,420$0
Funding fee$2,048$2,048$0
Note rate2.670%2.670%7.400%
Blended rate2.670%5.316%7.640%
1st payment$1,961.98$1,961.98$5,919.85
2nd payment$0.00$2,876.67$0.00
Taxes / mo$455.75$455.75$455.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$171.00
HOA / mo$62.50$62.50$62.50
Total monthly$2,696.90$5,573.57$6,825.76
Cash to close$540,420$95,000$95,000