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$562,251$562,251$819,000
Remaining term (yrs)23.923.930.0
Secondary amount$0$256,749$0
Funding fee$2,811$2,811$0
Note rate3.010%3.010%7.320%
Blended rate3.010%4.496%7.560%
1st payment$2,743.93$2,743.93$5,625.96
2nd payment$0.00$1,658.17$0.00
Taxes / mo$358.92$358.92$358.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$163.80
HOA / mo$80.00$80.00$80.00
Total monthly$3,399.52$5,057.69$6,445.35
Cash to close$347,749$91,000$91,000