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$431,369$431,369$791,100
Remaining term (yrs)24.024.030.0
Secondary amount$0$359,731$0
Funding fee$2,157$2,157$0
Note rate2.870%2.870%7.400%
Blended rate2.870%5.089%7.640%
1st payment$2,064.19$2,064.19$5,477.42
2nd payment$0.00$2,323.26$0.00
Taxes / mo$732.50$732.50$732.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$158.22
HOA / mo$229.00$229.00$229.00
Total monthly$3,242.36$5,565.62$6,813.80
Cash to close$447,631$87,900$87,900