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$444,544$444,544$719,910
Remaining term (yrs)24.424.430.0
Secondary amount$0$275,366$0
Funding fee$2,223$2,223$0
Note rate2.700%2.700%7.400%
Blended rate2.700%4.632%7.640%
1st payment$2,068.55$2,068.55$4,984.51
2nd payment$0.00$1,778.40$0.00
Taxes / mo$53.25$53.25$53.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,338.46$4,116.87$5,398.41
Cash to close$355,356$79,990$79,990