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$579,505$579,505$877,500
Remaining term (yrs)24.824.830.0
Secondary amount$0$297,995$0
Funding fee$2,898$2,898$0
Note rate2.900%2.900%7.320%
Blended rate2.900%4.547%7.560%
1st payment$2,724.23$2,724.23$6,027.82
2nd payment$0.00$1,924.55$0.00
Taxes / mo$812.50$812.50$812.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$175.50
HOA / mo$317.00$317.00$317.00
Total monthly$4,070.39$5,994.94$7,549.48
Cash to close$395,495$97,500$97,500