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$614,758$614,758$899,999
Remaining term (yrs)24.424.430.0
Secondary amount$0$285,241$0
Funding fee$3,074$3,074$0
Note rate2.770%2.770%7.400%
Blended rate2.770%4.348%7.640%
1st payment$2,882.51$2,882.51$6,231.41
2nd payment$0.00$1,842.18$0.00
Taxes / mo$833.33$833.33$833.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$180.00
HOA / mo$85.00$85.00$85.00
Total monthly$4,017.51$5,859.70$7,546.41
Cash to close$385,241$100,000$100,000