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$436,867$436,867$654,099
Remaining term (yrs)24.624.630.0
Secondary amount$0$217,232$0
Funding fee$2,184$2,184$0
Note rate2.970%2.970%7.320%
Blended rate2.970%4.557%7.560%
1st payment$2,078.94$2,078.94$4,493.21
2nd payment$0.00$1,402.96$0.00
Taxes / mo$285.67$285.67$285.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$130.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,581.27$3,984.23$5,126.36
Cash to close$289,910$72,678$72,678