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$438,923$438,923$809,100
Remaining term (yrs)24.724.730.0
Secondary amount$0$370,177$0
Funding fee$2,195$2,195$0
Note rate2.900%2.900%7.320%
Blended rate2.900%5.119%7.560%
1st payment$2,068.08$2,068.08$5,557.96
2nd payment$0.00$2,390.73$0.00
Taxes / mo$379.42$379.42$379.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$161.82
HOA / mo$58.33$58.33$58.33
Total monthly$2,722.49$5,113.22$6,374.19
Cash to close$460,077$89,900$89,900