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$535,887$535,887$899,100
Remaining term (yrs)25.125.130.0
Secondary amount$0$363,213$0
Funding fee$2,679$2,679$0
Note rate2.880%2.880%7.320%
Blended rate2.880%4.847%7.560%
1st payment$2,490.96$2,490.96$6,176.19
2nd payment$0.00$2,345.75$0.00
Taxes / mo$419.66$419.66$419.66
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$179.82
HOA / mo$125.00$125.00$125.00
Total monthly$3,252.29$5,598.04$7,117.34
Cash to close$463,113$99,900$99,900