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$634,793$634,793$809,100
Remaining term (yrs)25.225.230.0
Secondary amount$0$174,307$0
Funding fee$3,174$3,174$0
Note rate3.100%3.100%7.400%
Blended rate3.100%4.156%7.640%
1st payment$3,016.87$3,016.87$5,602.04
2nd payment$0.00$1,162.05$0.00
Taxes / mo$11.08$11.08$11.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$161.82
HOA / mo$0.00$0.00$0.00
Total monthly$3,244.62$4,406.67$5,991.61
Cash to close$264,207$89,900$89,900