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$527,802$527,802$742,500
Remaining term (yrs)23.823.830.0
Secondary amount$0$214,698$0
Funding fee$2,639$2,639$0
Note rate3.130%3.130%7.400%
Blended rate3.130%4.466%7.640%
1st payment$2,614.75$2,614.75$5,140.92
2nd payment$0.00$1,386.59$0.00
Taxes / mo$412.92$412.92$412.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$148.50
HOA / mo$20.00$20.00$20.00
Total monthly$3,264.33$4,650.93$5,939.00
Cash to close$297,198$82,500$82,500