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$509,630$509,630$782,100
Remaining term (yrs)24.424.430.0
Secondary amount$0$272,470$0
Funding fee$2,548$2,548$0
Note rate2.730%2.730%7.400%
Blended rate2.730%4.479%7.640%
1st payment$2,379.18$2,379.18$5,415.10
2nd payment$0.00$1,759.70$0.00
Taxes / mo$724.17$724.17$724.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$156.42
HOA / mo$0.00$0.00$0.00
Total monthly$3,320.02$5,079.72$6,512.36
Cash to close$359,370$86,900$86,900