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$575,808$575,808$799,200
Remaining term (yrs)24.724.730.0
Secondary amount$0$223,392$0
Funding fee$2,879$2,879$0
Note rate2.990%2.990%7.320%
Blended rate2.990%4.321%7.560%
1st payment$2,739.87$2,739.87$5,489.95
2nd payment$0.00$1,442.74$0.00
Taxes / mo$740.00$740.00$740.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$159.84
HOA / mo$115.00$115.00$115.00
Total monthly$3,811.54$5,254.28$6,721.46
Cash to close$312,192$88,800$88,800