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$574,172$574,172$922,500
Remaining term (yrs)24.224.230.0
Secondary amount$0$348,328$0
Funding fee$2,871$2,871$0
Note rate2.800%2.800%7.400%
Blended rate2.800%4.669%7.640%
1st payment$2,713.90$2,713.90$6,387.20
2nd payment$0.00$2,249.62$0.00
Taxes / mo$526.50$526.50$526.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$184.50
HOA / mo$0.00$0.00$0.00
Total monthly$3,457.07$5,706.69$7,314.87
Cash to close$450,828$102,500$102,500