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$571,676$571,676$989,100
Remaining term (yrs)25.225.230.0
Secondary amount$0$417,424$0
Funding fee$2,858$2,858$0
Note rate3.090%3.090%7.400%
Blended rate3.090%5.057%7.640%
1st payment$2,713.91$2,713.91$6,848.33
2nd payment$0.00$2,695.86$0.00
Taxes / mo$915.83$915.83$915.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$197.82
HOA / mo$0.00$0.00$0.00
Total monthly$3,846.41$6,542.27$8,178.65
Cash to close$527,324$109,900$109,900