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$642,409$642,409$877,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$235,091$0
Funding fee$3,212$3,212$0
Note rate3.050%3.050%7.320%
Blended rate3.050%4.309%7.560%
1st payment$3,097.77$3,097.77$6,027.82
2nd payment$0.00$1,518.30$0.00
Taxes / mo$284.75$284.75$284.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$175.50
HOA / mo$200.00$200.00$200.00
Total monthly$3,799.19$5,317.48$6,904.73
Cash to close$332,591$97,500$97,500