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$570,549$570,549$1,125,000
Remaining term (yrs)23.823.830.0
Secondary amount$0$554,451$0
Funding fee$2,853$2,853$0
Note rate3.340%3.340%7.400%
Blended rate3.340%5.513%7.640%
1st payment$2,889.22$2,889.22$7,789.27
2nd payment$0.00$3,580.83$0.00
Taxes / mo$811.75$811.75$811.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$225.00
HOA / mo$341.00$341.00$341.00
Total monthly$4,258.63$7,839.46$9,383.69
Cash to close$679,451$125,000$125,000