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$630,494$630,494$863,640
Remaining term (yrs)24.024.030.0
Secondary amount$0$233,146$0
Funding fee$3,152$3,152$0
Note rate3.040%3.040%7.400%
Blended rate3.040%4.312%7.640%
1st payment$3,072.29$3,072.29$5,979.67
2nd payment$0.00$1,505.74$0.00
Taxes / mo$259.12$259.12$259.12
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$172.73
HOA / mo$150.00$150.00$150.00
Total monthly$3,698.08$5,203.81$6,778.18
Cash to close$329,106$95,960$95,960