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$508,358$508,358$841,500
Remaining term (yrs)20.120.130.0
Secondary amount$0$333,142$0
Funding fee$2,542$2,542$0
Note rate3.520%3.520%7.320%
Blended rate3.520%5.195%7.560%
1st payment$2,928.37$2,928.37$5,780.52
2nd payment$0.00$2,151.54$0.00
Taxes / mo$779.17$779.17$779.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$168.30
HOA / mo$549.00$549.00$549.00
Total monthly$4,473.21$6,624.75$7,493.65
Cash to close$426,642$93,500$93,500