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$567,667$567,667$720,000
Remaining term (yrs)23.723.730.0
Secondary amount$0$152,333$0
Funding fee$2,838$2,838$0
Note rate3.330%3.330%7.400%
Blended rate3.330%4.318%7.640%
1st payment$2,878.21$2,878.21$4,985.13
2nd payment$0.00$1,015.55$0.00
Taxes / mo$666.67$666.67$666.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$144.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,761.54$4,777.09$6,012.47
Cash to close$232,333$80,000$80,000