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$509,483$509,483$809,999
Remaining term (yrs)23.823.830.0
Secondary amount$0$300,516$0
Funding fee$2,547$2,547$0
Note rate3.070%3.070%7.320%
Blended rate3.070%4.806%7.560%
1st payment$2,508.13$2,508.13$5,564.13
2nd payment$0.00$1,940.84$0.00
Taxes / mo$750.00$750.00$750.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$162.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,474.80$5,415.63$6,692.80
Cash to close$390,516$90,000$90,000