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$541,573$541,573$719,999
Remaining term (yrs)24.924.930.0
Secondary amount$0$178,426$0
Funding fee$2,708$2,708$0
Note rate2.800%2.800%7.320%
Blended rate2.800%4.089%7.560%
1st payment$2,506.46$2,506.46$4,945.89
2nd payment$0.00$1,189.50$0.00
Taxes / mo$666.67$666.67$666.67
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$3,389.79$4,579.29$5,973.23
Cash to close$258,426$80,000$80,000