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$591,292$591,292$810,000
Remaining term (yrs)25.925.930.0
Secondary amount$0$218,708$0
Funding fee$2,956$2,956$0
Note rate5.510%5.510%7.320%
Blended rate5.510%6.115%7.560%
1st payment$3,569.91$3,569.91$5,564.14
2nd payment$0.00$1,412.49$0.00
Taxes / mo$298.25$298.25$298.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$162.00
HOA / mo$87.00$87.00$87.00
Total monthly$4,171.82$5,584.31$6,328.05
Cash to close$308,708$90,000$90,000