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$534,024$534,024$805,500
Remaining term (yrs)22.922.930.0
Secondary amount$0$271,476$0
Funding fee$2,670$2,670$0
Note rate3.720%3.720%7.400%
Blended rate3.720%5.078%7.640%
1st payment$2,882.05$2,882.05$5,577.12
2nd payment$0.00$1,753.28$0.00
Taxes / mo$745.83$745.83$745.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$161.10
HOA / mo$0.00$0.00$0.00
Total monthly$3,844.55$5,597.83$6,700.72
Cash to close$360,976$89,500$89,500