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$517,684$517,684$945,000
Remaining term (yrs)23.023.030.0
Secondary amount$0$427,316$0
Funding fee$2,588$2,588$0
Note rate3.640%3.640%7.400%
Blended rate3.640%5.498%7.640%
1st payment$2,759.05$2,759.05$6,542.99
2nd payment$0.00$2,759.75$0.00
Taxes / mo$875.00$875.00$875.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$189.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,850.72$6,610.47$7,823.66
Cash to close$532,316$105,000$105,000