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$486,266$486,266$800,100
Remaining term (yrs)24.924.930.0
Secondary amount$0$313,834$0
Funding fee$2,431$2,431$0
Note rate2.870%2.870%7.320%
Blended rate2.870%4.784%7.560%
1st payment$2,273.18$2,273.18$5,496.13
2nd payment$0.00$2,026.85$0.00
Taxes / mo$329.17$329.17$329.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$160.02
HOA / mo$29.17$29.17$29.17
Total monthly$2,848.19$4,875.03$6,231.16
Cash to close$402,734$88,900$88,900