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$449,399$449,399$674,100
Remaining term (yrs)24.824.830.0
Secondary amount$0$224,701$0
Funding fee$2,247$2,247$0
Note rate2.990%2.990%7.320%
Blended rate2.990%4.577%7.560%
1st payment$2,133.55$2,133.55$4,630.60
2nd payment$0.00$1,451.20$0.00
Taxes / mo$450.83$450.83$450.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$134.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,801.05$4,252.25$5,432.92
Cash to close$299,601$74,900$74,900