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$442,924$442,924$629,999
Remaining term (yrs)24.124.130.0
Secondary amount$0$187,076$0
Funding fee$2,215$2,215$0
Note rate2.830%2.830%7.400%
Blended rate2.830%4.365%7.640%
1st payment$2,105.35$2,105.35$4,361.99
2nd payment$0.00$1,247.17$0.00
Taxes / mo$276.17$276.17$276.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$126.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,548.19$3,795.36$4,930.82
Cash to close$257,075$70,000$70,000