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$445,462$445,462$891,000
Remaining term (yrs)24.224.230.0
Secondary amount$0$445,538$0
Funding fee$2,227$2,227$0
Note rate2.720%2.720%7.400%
Blended rate2.720%5.235%7.640%
1st payment$2,087.37$2,087.37$6,169.10
2nd payment$0.00$2,877.43$0.00
Taxes / mo$825.00$825.00$825.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$178.20
HOA / mo$0.00$0.00$0.00
Total monthly$3,129.03$6,006.47$7,388.97
Cash to close$544,538$99,000$99,000