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$537,089$537,089$670,500
Remaining term (yrs)25.225.230.0
Secondary amount$0$133,411$0
Funding fee$2,685$2,685$0
Note rate2.880%2.880%7.400%
Blended rate2.880%3.899%7.640%
1st payment$2,490.96$2,490.96$4,642.41
2nd payment$0.00$889.41$0.00
Taxes / mo$138.59$138.59$138.59
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$134.10
HOA / mo$0.00$0.00$0.00
Total monthly$2,846.22$3,735.62$5,131.76
Cash to close$207,911$74,500$74,500