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$549,361$549,361$854,100
Remaining term (yrs)24.924.930.0
Secondary amount$0$304,739$0
Funding fee$2,747$2,747$0
Note rate2.800%2.800%7.320%
Blended rate2.800%4.566%7.560%
1st payment$2,548.35$2,548.35$5,867.07
2nd payment$0.00$1,968.10$0.00
Taxes / mo$790.83$790.83$790.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$170.82
HOA / mo$0.00$0.00$0.00
Total monthly$3,555.85$5,523.95$7,045.39
Cash to close$399,639$94,900$94,900