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$592,222$592,222$809,910
Remaining term (yrs)25.025.030.0
Secondary amount$0$217,688$0
Funding fee$2,961$2,961$0
Note rate3.010%3.010%7.400%
Blended rate3.010%4.284%7.640%
1st payment$2,798.98$2,798.98$5,607.65
2nd payment$0.00$1,405.90$0.00
Taxes / mo$193.00$193.00$193.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$161.98
HOA / mo$0.00$0.00$0.00
Total monthly$3,208.65$4,614.55$6,179.30
Cash to close$307,678$89,990$89,990