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$439,231$439,231$629,910
Remaining term (yrs)24.924.930.0
Secondary amount$0$190,679$0
Funding fee$2,196$2,196$0
Note rate2.770%2.770%7.400%
Blended rate2.770%4.353%7.640%
1st payment$2,026.04$2,026.04$4,361.37
2nd payment$0.00$1,271.19$0.00
Taxes / mo$222.67$222.67$222.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.98
HOA / mo$80.00$80.00$80.00
Total monthly$2,495.37$3,766.57$4,956.68
Cash to close$260,669$69,990$69,990