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$603,221$603,221$899,100
Remaining term (yrs)23.923.930.0
Secondary amount$0$295,879$0
Funding fee$3,016$3,016$0
Note rate2.990%2.990%7.320%
Blended rate2.990%4.556%7.560%
1st payment$2,930.70$2,930.70$6,176.19
2nd payment$0.00$1,910.88$0.00
Taxes / mo$832.50$832.50$832.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$179.82
HOA / mo$920.00$920.00$920.00
Total monthly$4,899.86$6,810.75$8,325.18
Cash to close$395,779$99,900$99,900