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$646,164$646,164$989,100
Remaining term (yrs)25.325.330.0
Secondary amount$0$342,936$0
Funding fee$3,231$3,231$0
Note rate2.900%2.900%7.320%
Blended rate2.900%4.582%7.560%
1st payment$2,996.86$2,996.86$6,794.43
2nd payment$0.00$2,214.80$0.00
Taxes / mo$419.75$419.75$419.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$197.82
HOA / mo$0.00$0.00$0.00
Total monthly$3,633.27$5,848.07$7,628.67
Cash to close$452,836$109,900$109,900