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$398,558$398,558$719,899
Remaining term (yrs)24.624.630.0
Secondary amount$0$321,341$0
Funding fee$1,993$1,993$0
Note rate2.810%2.810%7.320%
Blended rate2.810%5.015%7.560%
1st payment$1,863.76$1,863.76$4,945.21
2nd payment$0.00$2,075.33$0.00
Taxes / mo$298.17$298.17$298.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.98
HOA / mo$41.00$41.00$41.00
Total monthly$2,419.59$4,494.92$5,645.02
Cash to close$401,330$79,989$79,989