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$415,673$415,673$778,500
Remaining term (yrs)23.923.930.0
Secondary amount$0$362,827$0
Funding fee$2,078$2,078$0
Note rate2.800%2.800%7.400%
Blended rate2.800%5.107%7.640%
1st payment$1,978.98$1,978.98$5,390.18
2nd payment$0.00$2,343.25$0.00
Taxes / mo$548.75$548.75$548.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$155.70
HOA / mo$148.33$148.33$148.33
Total monthly$2,892.73$5,235.98$6,459.62
Cash to close$449,327$86,500$86,500