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$517,840$517,840$918,000
Remaining term (yrs)24.224.230.0
Secondary amount$0$400,160$0
Funding fee$2,589$2,589$0
Note rate2.720%2.720%7.400%
Blended rate2.720%4.913%7.640%
1st payment$2,426.52$2,426.52$6,356.05
2nd payment$0.00$2,584.37$0.00
Taxes / mo$850.00$850.00$850.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$183.60
HOA / mo$218.00$218.00$218.00
Total monthly$3,711.19$6,295.55$7,824.31
Cash to close$502,160$102,000$102,000