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$621,655$621,655$899,100
Remaining term (yrs)24.924.930.0
Secondary amount$0$277,445$0
Funding fee$3,108$3,108$0
Note rate2.800%2.800%7.320%
Blended rate2.800%4.327%7.560%
1st payment$2,877.08$2,877.08$6,176.19
2nd payment$0.00$1,791.83$0.00
Taxes / mo$440.33$440.33$440.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$179.82
HOA / mo$25.00$25.00$25.00
Total monthly$3,559.08$5,350.91$7,038.01
Cash to close$377,345$99,900$99,900