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$479,504$479,504$764,100
Remaining term (yrs)24.324.330.0
Secondary amount$0$284,596$0
Funding fee$2,398$2,398$0
Note rate2.660%2.660%7.400%
Blended rate2.660%4.556%7.640%
1st payment$2,226.86$2,226.86$5,290.47
2nd payment$0.00$1,838.02$0.00
Taxes / mo$707.50$707.50$707.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$152.82
HOA / mo$420.00$420.00$420.00
Total monthly$3,571.03$5,409.04$6,787.46
Cash to close$369,496$84,900$84,900