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$572,292$572,292$720,000
Remaining term (yrs)25.225.230.0
Secondary amount$0$147,708$0
Funding fee$2,861$2,861$0
Note rate2.880%2.880%7.320%
Blended rate2.880%3.930%7.560%
1st payment$2,654.23$2,654.23$4,945.90
2nd payment$0.00$984.72$0.00
Taxes / mo$294.54$294.54$294.54
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$144.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,165.43$4,150.15$5,601.10
Cash to close$227,708$80,000$80,000