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$558,166$558,166$989,100
Remaining term (yrs)23.123.130.0
Secondary amount$0$430,934$0
Funding fee$2,791$2,791$0
Note rate3.750%3.750%7.400%
Blended rate3.750%5.493%7.640%
1st payment$3,000.82$3,000.82$6,848.33
2nd payment$0.00$2,783.12$0.00
Taxes / mo$740.25$740.25$740.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$197.82
HOA / mo$27.67$27.67$27.67
Total monthly$3,985.40$6,768.52$8,030.74
Cash to close$540,834$109,900$109,900