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$603,846$603,846$899,100
Remaining term (yrs)25.925.930.0
Secondary amount$0$295,254$0
Funding fee$3,019$3,019$0
Note rate4.990%4.990%7.320%
Blended rate4.990%5.896%7.560%
1st payment$3,458.56$3,458.56$6,176.19
2nd payment$0.00$1,906.85$0.00
Taxes / mo$420.83$420.83$420.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$179.82
HOA / mo$229.00$229.00$229.00
Total monthly$4,325.06$6,231.91$7,222.51
Cash to close$395,154$99,900$99,900