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$435,729$435,729$1,350,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$914,271$0
Funding fee$2,179$2,179$0
Note rate2.670%2.670%7.400%
Blended rate2.670%6.110%7.640%
1st payment$2,020.89$2,020.89$9,347.13
2nd payment$0.00$5,904.66$0.00
Taxes / mo$851.00$851.00$851.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$270.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,088.56$8,993.22$10,684.79
Cash to close$1,064,271$150,000$150,000