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$573,461$573,461$877,410
Remaining term (yrs)23.923.930.0
Secondary amount$0$303,949$0
Funding fee$2,867$2,867$0
Note rate3.070%3.070%7.320%
Blended rate3.070%4.691%7.560%
1st payment$2,816.45$2,816.45$6,027.20
2nd payment$0.00$1,963.00$0.00
Taxes / mo$812.42$812.42$812.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$175.48
HOA / mo$103.00$103.00$103.00
Total monthly$3,948.53$5,911.53$7,334.76
Cash to close$401,439$97,490$97,490