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$523,066$523,066$886,500
Remaining term (yrs)23.423.430.0
Secondary amount$0$363,434$0
Funding fee$2,615$2,615$0
Note rate3.740%3.740%7.400%
Blended rate3.740%5.384%7.640%
1st payment$2,790.56$2,790.56$6,137.95
2nd payment$0.00$2,347.17$0.00
Taxes / mo$820.83$820.83$820.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$177.30
HOA / mo$0.00$0.00$0.00
Total monthly$3,828.06$6,175.23$7,352.75
Cash to close$461,934$98,500$98,500