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$563,692$563,692$900,000
Remaining term (yrs)24.024.030.0
Secondary amount$0$336,308$0
Funding fee$2,818$2,818$0
Note rate2.870%2.870%7.320%
Blended rate2.870%4.694%7.560%
1st payment$2,697.39$2,697.39$6,182.38
2nd payment$0.00$2,171.99$0.00
Taxes / mo$539.50$539.50$539.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$180.00
HOA / mo$103.00$103.00$103.00
Total monthly$3,556.55$5,728.54$7,221.54
Cash to close$436,308$100,000$100,000