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$527,427$527,427$855,000
Remaining term (yrs)23.923.930.0
Secondary amount$0$327,573$0
Funding fee$2,637$2,637$0
Note rate2.910%2.910%7.400%
Blended rate2.910%4.764%7.640%
1st payment$2,540.73$2,540.73$5,919.85
2nd payment$0.00$2,115.58$0.00
Taxes / mo$503.50$503.50$503.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$171.00
HOA / mo$29.17$29.17$29.17
Total monthly$3,290.07$5,405.64$6,840.18
Cash to close$422,573$95,000$95,000