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$521,759$521,759$790,920
Remaining term (yrs)24.224.230.0
Secondary amount$0$269,161$0
Funding fee$2,609$2,609$0
Note rate2.720%2.720%7.400%
Blended rate2.720%4.432%7.640%
1st payment$2,444.88$2,444.88$5,476.17
2nd payment$0.00$1,738.33$0.00
Taxes / mo$732.33$732.33$732.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$158.18
HOA / mo$435.00$435.00$435.00
Total monthly$3,828.88$5,567.21$7,018.35
Cash to close$357,041$87,880$87,880