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$481,440$481,440$683,998
Remaining term (yrs)24.224.230.0
Secondary amount$0$202,559$0
Funding fee$2,407$2,407$0
Note rate2.720%2.720%7.400%
Blended rate2.720%4.210%7.640%
1st payment$2,255.95$2,255.95$4,735.87
2nd payment$0.00$1,308.19$0.00
Taxes / mo$633.33$633.33$633.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$136.80
HOA / mo$310.00$310.00$310.00
Total monthly$3,415.95$4,724.14$6,032.66
Cash to close$278,558$76,000$76,000