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$564,513$564,513$809,991
Remaining term (yrs)24.924.930.0
Secondary amount$0$245,478$0
Funding fee$2,823$2,823$0
Note rate2.800%2.800%7.400%
Blended rate2.800%4.300%7.640%
1st payment$2,618.63$2,618.63$5,608.21
2nd payment$0.00$1,585.38$0.00
Taxes / mo$749.99$749.99$749.99
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$162.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,585.29$5,170.67$6,736.87
Cash to close$335,477$89,999$89,999