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$571,299$571,299$1,124,991
Remaining term (yrs)24.324.330.0
Secondary amount$0$553,692$0
Funding fee$2,856$2,856$0
Note rate2.650%2.650%7.400%
Blended rate2.650%5.160%7.640%
1st payment$2,650.27$2,650.27$7,789.21
2nd payment$0.00$3,575.93$0.00
Taxes / mo$1,041.66$1,041.66$1,041.66
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$225.00
HOA / mo$37.00$37.00$37.00
Total monthly$3,945.59$7,521.52$9,309.53
Cash to close$678,691$124,999$124,999