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$569,131$569,131$764,100
Remaining term (yrs)25.425.430.0
Secondary amount$0$194,969$0
Funding fee$2,846$2,846$0
Note rate3.450%3.450%7.400%
Blended rate3.450%4.611%7.640%
1st payment$2,798.98$2,798.98$5,290.47
2nd payment$0.00$1,299.79$0.00
Taxes / mo$707.50$707.50$707.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$152.82
HOA / mo$0.00$0.00$0.00
Total monthly$3,723.14$5,022.94$6,367.46
Cash to close$279,869$84,900$84,900