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$545,098$545,098$719,910
Remaining term (yrs)25.325.330.0
Secondary amount$0$174,812$0
Funding fee$2,725$2,725$0
Note rate2.900%2.900%7.320%
Blended rate2.900%4.138%7.560%
1st payment$2,528.12$2,528.12$4,945.28
2nd payment$0.00$1,165.41$0.00
Taxes / mo$412.42$412.42$412.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.98
HOA / mo$56.00$56.00$56.00
Total monthly$3,213.21$4,378.62$5,774.35
Cash to close$254,802$79,990$79,990