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$437,428$437,428$737,910
Remaining term (yrs)24.324.330.0
Secondary amount$0$300,482$0
Funding fee$2,187$2,187$0
Note rate2.670%2.670%7.400%
Blended rate2.670%4.739%7.640%
1st payment$2,033.68$2,033.68$5,109.14
2nd payment$0.00$1,940.61$0.00
Taxes / mo$393.17$393.17$393.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$147.58
HOA / mo$37.50$37.50$37.50
Total monthly$2,681.01$4,621.62$5,904.06
Cash to close$382,472$81,990$81,990