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$612,318$612,318$895,500
Remaining term (yrs)23.923.930.0
Secondary amount$0$283,182$0
Funding fee$3,062$3,062$0
Note rate2.750%2.750%7.320%
Blended rate2.750%4.331%7.560%
1st payment$2,899.59$2,899.59$6,151.46
2nd payment$0.00$1,828.89$0.00
Taxes / mo$829.17$829.17$829.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$179.10
HOA / mo$522.00$522.00$522.00
Total monthly$4,467.42$6,296.30$7,898.40
Cash to close$382,682$99,500$99,500