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$648,898$648,898$961,200
Remaining term (yrs)24.924.930.0
Secondary amount$0$312,302$0
Funding fee$3,244$3,244$0
Note rate2.990%2.990%7.320%
Blended rate2.990%4.537%7.560%
1st payment$3,073.77$3,073.77$6,602.78
2nd payment$0.00$2,016.95$0.00
Taxes / mo$741.92$741.92$741.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$192.24
HOA / mo$0.00$0.00$0.00
Total monthly$4,032.36$6,049.31$7,753.60
Cash to close$419,102$106,800$106,800