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$509,491$509,491$967,500
Remaining term (yrs)23.623.630.0
Secondary amount$0$458,009$0
Funding fee$2,547$2,547$0
Note rate3.200%3.200%7.400%
Blended rate3.200%5.354%7.640%
1st payment$2,554.51$2,554.51$6,698.77
2nd payment$0.00$2,957.97$0.00
Taxes / mo$828.00$828.00$828.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$193.50
HOA / mo$165.00$165.00$165.00
Total monthly$3,764.18$6,722.15$8,101.94
Cash to close$565,509$107,500$107,500