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$402,783$402,783$764,910
Remaining term (yrs)24.124.130.0
Secondary amount$0$362,127$0
Funding fee$2,014$2,014$0
Note rate2.810%2.810%7.400%
Blended rate2.810%5.149%7.640%
1st payment$1,910.43$1,910.43$5,296.08
2nd payment$0.00$2,338.74$0.00
Taxes / mo$708.25$708.25$708.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$152.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,835.35$5,174.09$6,373.98
Cash to close$447,117$84,990$84,990