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$417,908$417,908$715,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$297,592$0
Funding fee$2,090$2,090$0
Note rate2.770%2.770%7.320%
Blended rate2.770%4.841%7.560%
1st payment$1,959.51$1,959.51$4,914.99
2nd payment$0.00$1,921.95$0.00
Taxes / mo$557.67$557.67$557.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.10
HOA / mo$275.00$275.00$275.00
Total monthly$3,008.85$4,930.79$6,107.42
Cash to close$377,092$79,500$79,500