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$453,371$453,371$747,000
Remaining term (yrs)24.324.330.0
Secondary amount$0$293,629$0
Funding fee$2,267$2,267$0
Note rate2.770%2.770%7.400%
Blended rate2.770%4.728%7.640%
1st payment$2,130.86$2,130.86$5,172.08
2nd payment$0.00$1,896.36$0.00
Taxes / mo$336.28$336.28$336.28
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$149.40
HOA / mo$29.17$29.17$29.17
Total monthly$2,712.98$4,609.34$5,903.60
Cash to close$376,629$83,000$83,000