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$578,024$578,024$832,500
Remaining term (yrs)23.823.830.0
Secondary amount$0$254,476$0
Funding fee$2,890$2,890$0
Note rate3.340%3.340%7.320%
Blended rate3.340%4.688%7.560%
1st payment$2,927.07$2,927.07$5,718.70
2nd payment$0.00$1,643.49$0.00
Taxes / mo$770.83$770.83$770.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$166.50
HOA / mo$0.00$0.00$0.00
Total monthly$3,914.57$5,558.06$6,872.70
Cash to close$346,976$92,500$92,500