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$460,731$460,731$719,991
Remaining term (yrs)24.224.230.0
Secondary amount$0$259,260$0
Funding fee$2,304$2,304$0
Note rate2.710%2.710%7.400%
Blended rate2.710%4.525%7.640%
1st payment$2,156.57$2,156.57$4,985.07
2nd payment$0.00$1,674.39$0.00
Taxes / mo$666.66$666.66$666.66
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$144.00
HOA / mo$137.00$137.00$137.00
Total monthly$3,176.90$4,851.29$6,149.40
Cash to close$339,259$79,999$79,999