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$567,200$567,200$881,100
Remaining term (yrs)23.623.630.0
Secondary amount$0$313,900$0
Funding fee$2,836$2,836$0
Note rate3.720%3.720%7.320%
Blended rate3.720%5.156%7.560%
1st payment$3,000.03$3,000.03$6,052.55
2nd payment$0.00$2,027.27$0.00
Taxes / mo$815.83$815.83$815.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$176.22
HOA / mo$0.00$0.00$0.00
Total monthly$4,032.53$6,059.80$7,261.27
Cash to close$411,800$97,900$97,900