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$521,735$521,735$765,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$243,265$0
Funding fee$2,609$2,609$0
Note rate2.650%2.650%7.400%
Blended rate2.650%4.272%7.640%
1st payment$2,414.49$2,414.49$5,296.71
2nd payment$0.00$1,571.09$0.00
Taxes / mo$1,037.50$1,037.50$1,037.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$153.00
HOA / mo$190.67$190.67$190.67
Total monthly$3,859.32$5,430.41$6,894.54
Cash to close$328,265$85,000$85,000