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$530,354$530,354$972,000
Remaining term (yrs)23.623.630.0
Secondary amount$0$441,646$0
Funding fee$2,652$2,652$0
Note rate3.720%3.720%7.400%
Blended rate3.720%5.551%7.640%
1st payment$2,805.14$2,805.14$6,729.93
2nd payment$0.00$2,852.30$0.00
Taxes / mo$900.00$900.00$900.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$194.40
HOA / mo$0.00$0.00$0.00
Total monthly$3,921.81$6,774.11$8,041.00
Cash to close$549,646$108,000$108,000