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$539,230$539,230$1,259,910
Remaining term (yrs)23.423.430.0
Secondary amount$0$720,680$0
Funding fee$2,696$2,696$0
Note rate3.600%3.600%7.400%
Blended rate3.600%5.974%7.640%
1st payment$2,836.42$2,836.42$8,723.36
2nd payment$0.00$4,654.39$0.00
Taxes / mo$939.17$939.17$939.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$251.98
HOA / mo$0.00$0.00$0.00
Total monthly$3,992.25$8,646.64$10,131.18
Cash to close$860,670$139,990$139,990