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$533,377$533,377$760,500
Remaining term (yrs)24.924.930.0
Secondary amount$0$227,123$0
Funding fee$2,667$2,667$0
Note rate2.870%2.870%7.320%
Blended rate2.870%4.327%7.560%
1st payment$2,487.75$2,487.75$5,224.11
2nd payment$0.00$1,466.84$0.00
Taxes / mo$237.25$237.25$237.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$152.10
HOA / mo$0.00$0.00$0.00
Total monthly$2,941.67$4,408.50$5,830.12
Cash to close$311,623$84,500$84,500