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$523,044$523,044$674,999
Remaining term (yrs)24.824.830.0
Secondary amount$0$151,955$0
Funding fee$2,615$2,615$0
Note rate2.930%2.930%7.400%
Blended rate2.930%4.071%7.640%
1st payment$2,466.92$2,466.92$4,673.56
2nd payment$0.00$1,013.04$0.00
Taxes / mo$625.00$625.00$625.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$135.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,308.58$4,321.62$5,650.22
Cash to close$226,955$75,000$75,000