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$524,798$524,798$760,500
Remaining term (yrs)23.623.630.0
Secondary amount$0$235,702$0
Funding fee$2,624$2,624$0
Note rate3.750%3.750%7.400%
Blended rate3.750%4.990%7.640%
1st payment$2,784.22$2,784.22$5,265.55
2nd payment$0.00$1,522.24$0.00
Taxes / mo$286.58$286.58$286.58
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$152.10
HOA / mo$97.00$97.00$97.00
Total monthly$3,384.47$4,906.72$6,017.90
Cash to close$320,202$84,500$84,500