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$452,413$452,413$661,399
Remaining term (yrs)24.324.330.0
Secondary amount$0$208,987$0
Funding fee$2,262$2,262$0
Note rate2.710%2.710%7.320%
Blended rate2.710%4.303%7.560%
1st payment$2,112.53$2,112.53$4,543.35
2nd payment$0.00$1,349.70$0.00
Taxes / mo$563.25$563.25$563.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$132.28
HOA / mo$125.00$125.00$125.00
Total monthly$3,017.45$4,367.15$5,580.55
Cash to close$282,475$73,489$73,489