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$557,501$557,501$809,996
Remaining term (yrs)25.225.230.0
Secondary amount$0$252,494$0
Funding fee$2,788$2,788$0
Note rate3.050%3.050%7.400%
Blended rate3.050%4.515%7.640%
1st payment$2,634.94$2,634.94$5,608.25
2nd payment$0.00$1,630.69$0.00
Taxes / mo$49.75$49.75$49.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$162.00
HOA / mo$150.83$150.83$150.83
Total monthly$3,052.18$4,682.88$6,187.49
Cash to close$342,494$90,000$90,000