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$539,788$539,788$719,100
Remaining term (yrs)23.923.930.0
Secondary amount$0$179,312$0
Funding fee$2,699$2,699$0
Note rate2.900%2.900%7.400%
Blended rate2.900%4.172%7.640%
1st payment$2,597.50$2,597.50$4,978.90
2nd payment$0.00$1,195.42$0.00
Taxes / mo$665.83$665.83$665.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.82
HOA / mo$0.00$0.00$0.00
Total monthly$3,480.00$4,675.42$6,005.22
Cash to close$259,212$79,900$79,900