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$465,727$465,727$652,410
Remaining term (yrs)24.924.930.0
Secondary amount$0$186,683$0
Funding fee$2,329$2,329$0
Note rate2.870%2.870%7.400%
Blended rate2.870%4.338%7.640%
1st payment$2,172.22$2,172.22$4,517.16
2nd payment$0.00$1,244.55$0.00
Taxes / mo$610.83$610.83$610.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$130.48
HOA / mo$75.00$75.00$75.00
Total monthly$3,074.72$4,319.27$5,550.14
Cash to close$259,173$72,490$72,490