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$523,102$523,102$665,100
Remaining term (yrs)24.424.430.0
Secondary amount$0$141,998$0
Funding fee$2,616$2,616$0
Note rate2.710%2.710%7.400%
Blended rate2.710%3.839%7.640%
1st payment$2,436.75$2,436.75$4,605.02
2nd payment$0.00$946.65$0.00
Taxes / mo$615.83$615.83$615.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$133.02
HOA / mo$0.00$0.00$0.00
Total monthly$3,269.25$4,215.90$5,570.54
Cash to close$215,898$73,900$73,900