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$522,132$522,132$719,100
Remaining term (yrs)23.923.930.0
Secondary amount$0$196,968$0
Funding fee$2,611$2,611$0
Note rate3.180%3.180%7.400%
Blended rate3.180%4.500%7.640%
1st payment$2,588.24$2,588.24$4,978.90
2nd payment$0.00$1,313.12$0.00
Taxes / mo$665.83$665.83$665.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.82
HOA / mo$647.00$647.00$647.00
Total monthly$4,117.74$5,430.86$6,652.22
Cash to close$276,868$79,900$79,900