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$521,608$521,608$827,991
Remaining term (yrs)24.924.930.0
Secondary amount$0$306,383$0
Funding fee$2,608$2,608$0
Note rate2.870%2.870%7.400%
Blended rate2.870%4.676%7.640%
1st payment$2,432.86$2,432.86$5,732.84
2nd payment$0.00$1,978.72$0.00
Taxes / mo$766.66$766.66$766.66
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$165.60
HOA / mo$498.00$498.00$498.00
Total monthly$3,914.18$5,892.91$7,379.77
Cash to close$398,382$91,999$91,999