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$550,484$550,484$1,124,999
Remaining term (yrs)24.424.430.0
Secondary amount$0$574,515$0
Funding fee$2,752$2,752$0
Note rate2.670%2.670%7.320%
Blended rate2.670%5.264%7.560%
1st payment$2,553.12$2,553.12$7,727.96
2nd payment$0.00$3,710.41$0.00
Taxes / mo$338.42$338.42$338.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$225.00
HOA / mo$115.00$115.00$115.00
Total monthly$3,223.20$6,933.61$8,623.05
Cash to close$699,515$125,000$125,000