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$542,321$542,321$1,933,110
Remaining term (yrs)19.619.630.0
Secondary amount$0$1,390,789$0
Funding fee$2,712$2,712$0
Note rate3.660%3.660%7.400%
Blended rate3.660%6.603%7.640%
1st payment$3,217.43$3,217.43$13,384.46
2nd payment$0.00$8,982.18$0.00
Taxes / mo$408.83$408.83$408.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$386.62
HOA / mo$20.00$20.00$20.00
Total monthly$3,862.93$12,845.11$14,416.59
Cash to close$1,605,579$214,790$214,790