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$527,694$527,694$814,500
Remaining term (yrs)24.024.030.0
Secondary amount$0$286,806$0
Funding fee$2,638$2,638$0
Note rate3.180%3.180%7.320%
Blended rate3.180%4.789%7.560%
1st payment$2,609.81$2,609.81$5,595.05
2nd payment$0.00$1,852.29$0.00
Taxes / mo$570.08$570.08$570.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$162.90
HOA / mo$100.00$100.00$100.00
Total monthly$3,496.56$5,348.85$6,644.70
Cash to close$377,306$90,500$90,500