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$441,767$441,767$675,000
Remaining term (yrs)23.923.930.0
Secondary amount$0$233,233$0
Funding fee$2,209$2,209$0
Note rate2.930%2.930%7.400%
Blended rate2.930%4.595%7.640%
1st payment$2,132.63$2,132.63$4,673.56
2nd payment$0.00$1,506.29$0.00
Taxes / mo$184.50$184.50$184.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$135.00
HOA / mo$293.33$293.33$293.33
Total monthly$2,827.13$4,333.42$5,503.06
Cash to close$308,233$75,000$75,000