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$440,449$440,449$674,955
Remaining term (yrs)24.424.430.0
Secondary amount$0$234,506$0
Funding fee$2,202$2,202$0
Note rate2.790%2.790%7.400%
Blended rate2.790%4.513%7.640%
1st payment$2,069.71$2,069.71$4,673.25
2nd payment$0.00$1,514.52$0.00
Taxes / mo$624.96$624.96$624.96
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$134.99
HOA / mo$440.00$440.00$440.00
Total monthly$3,351.33$4,865.85$6,089.87
Cash to close$309,501$74,995$74,995