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$407,913$407,913$539,991
Remaining term (yrs)25.125.130.0
Secondary amount$0$132,078$0
Funding fee$2,040$2,040$0
Note rate2.990%2.990%7.400%
Blended rate2.990%4.215%7.640%
1st payment$1,919.38$1,919.38$3,738.79
2nd payment$0.00$880.52$0.00
Taxes / mo$499.99$499.99$499.99
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$108.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,586.04$3,466.56$4,513.45
Cash to close$192,077$59,999$59,999