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$530,933$530,933$665,910
Remaining term (yrs)24.924.930.0
Secondary amount$0$134,977$0
Funding fee$2,655$2,655$0
Note rate2.880%2.880%7.400%
Blended rate2.880%3.918%7.640%
1st payment$2,484.73$2,484.73$4,610.63
2nd payment$0.00$899.85$0.00
Taxes / mo$409.42$409.42$409.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$133.18
HOA / mo$9.17$9.17$9.17
Total monthly$3,119.98$4,019.83$5,379.06
Cash to close$208,967$73,990$73,990