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$530,472$530,472$778,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$248,028$0
Funding fee$2,652$2,652$0
Note rate2.710%2.710%7.400%
Blended rate2.710%4.316%7.640%
1st payment$2,465.18$2,465.18$5,390.18
2nd payment$0.00$1,601.84$0.00
Taxes / mo$997.50$997.50$997.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$155.70
HOA / mo$344.67$344.67$344.67
Total monthly$4,024.02$5,625.86$7,104.71
Cash to close$334,528$86,500$86,500