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$655,970$655,970$899,100
Remaining term (yrs)24.924.930.0
Secondary amount$0$243,130$0
Funding fee$3,280$3,280$0
Note rate2.880%2.880%7.400%
Blended rate2.880%4.197%7.640%
1st payment$3,069.90$3,069.90$6,225.19
2nd payment$0.00$1,570.21$0.00
Taxes / mo$832.50$832.50$832.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$179.82
HOA / mo$0.00$0.00$0.00
Total monthly$4,119.07$5,689.28$7,454.17
Cash to close$343,030$99,900$99,900