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$441,302$441,302$1,394,100
Remaining term (yrs)23.923.930.0
Secondary amount$0$952,798$0
Funding fee$2,207$2,207$0
Note rate2.990%2.990%7.400%
Blended rate2.990%6.243%7.640%
1st payment$2,149.12$2,149.12$9,652.47
2nd payment$0.00$6,153.48$0.00
Taxes / mo$1,290.83$1,290.83$1,290.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$278.82
HOA / mo$0.00$0.00$0.00
Total monthly$3,656.62$9,810.10$11,438.79
Cash to close$1,107,698$154,900$154,900