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$511,913$511,913$715,500
Remaining term (yrs)23.723.730.0
Secondary amount$0$203,587$0
Funding fee$2,560$2,560$0
Note rate3.330%3.330%7.320%
Blended rate3.330%4.588%7.560%
1st payment$2,595.52$2,595.52$4,914.99
2nd payment$0.00$1,314.83$0.00
Taxes / mo$662.50$662.50$662.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.10
HOA / mo$0.00$0.00$0.00
Total monthly$3,474.69$4,789.52$5,937.26
Cash to close$283,087$79,500$79,500