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$447,609$447,609$765,000
Remaining term (yrs)24.224.230.0
Secondary amount$0$317,391$0
Funding fee$2,238$2,238$0
Note rate2.250%2.250%7.320%
Blended rate2.250%4.532%7.560%
1st payment$1,992.04$1,992.04$5,255.02
2nd payment$0.00$2,049.82$0.00
Taxes / mo$242.42$242.42$242.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$153.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,451.13$4,500.94$5,867.10
Cash to close$402,391$85,000$85,000