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$536,235$536,235$845,999
Remaining term (yrs)23.823.830.0
Secondary amount$0$309,764$0
Funding fee$2,681$2,681$0
Note rate3.010%3.010%7.320%
Blended rate3.010%4.746%7.560%
1st payment$2,616.97$2,616.97$5,811.43
2nd payment$0.00$2,000.56$0.00
Taxes / mo$556.58$556.58$556.58
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$169.20
HOA / mo$75.33$75.33$75.33
Total monthly$3,465.55$5,466.11$6,829.21
Cash to close$403,764$94,000$94,000