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$448,707$448,707$945,000
Remaining term (yrs)23.923.930.0
Secondary amount$0$496,293$0
Funding fee$2,244$2,244$0
Note rate2.900%2.900%7.320%
Blended rate2.900%5.447%7.560%
1st payment$2,164.40$2,164.40$6,491.49
2nd payment$0.00$3,205.23$0.00
Taxes / mo$1,270.58$1,270.58$1,270.58
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$189.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,651.65$6,856.87$8,167.74
Cash to close$601,293$105,000$105,000