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$422,412$422,412$706,410
Remaining term (yrs)24.424.430.0
Secondary amount$0$283,998$0
Funding fee$2,112$2,112$0
Note rate2.810%2.810%7.400%
Blended rate2.810%4.796%7.640%
1st payment$1,989.27$1,989.27$4,891.04
2nd payment$0.00$1,834.15$0.00
Taxes / mo$654.08$654.08$654.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$141.28
HOA / mo$0.00$0.00$0.00
Total monthly$2,860.02$4,694.18$5,903.07
Cash to close$362,488$78,490$78,490