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$580,281$580,281$1,529,100
Remaining term (yrs)23.923.930.0
Secondary amount$0$948,819$0
Funding fee$2,901$2,901$0
Note rate2.900%2.900%7.400%
Blended rate2.900%5.909%7.640%
1st payment$2,799.06$2,799.06$10,587.18
2nd payment$0.00$6,127.79$0.00
Taxes / mo$14.33$14.33$14.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$305.82
HOA / mo$0.00$0.00$0.00
Total monthly$3,030.06$9,157.85$11,124.00
Cash to close$1,118,719$169,900$169,900