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$562,527$562,527$922,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$359,973$0
Funding fee$2,813$2,813$0
Note rate2.850%2.850%7.400%
Blended rate2.850%4.762%7.640%
1st payment$2,654.42$2,654.42$6,387.20
2nd payment$0.00$2,324.82$0.00
Taxes / mo$398.80$398.80$398.80
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$184.50
HOA / mo$62.50$62.50$62.50
Total monthly$3,332.39$5,657.21$7,249.67
Cash to close$462,473$102,500$102,500