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$536,403$536,403$809,100
Remaining term (yrs)24.424.430.0
Secondary amount$0$272,697$0
Funding fee$2,682$2,682$0
Note rate2.730%2.730%7.320%
Blended rate2.730%4.422%7.560%
1st payment$2,504.17$2,504.17$5,557.96
2nd payment$0.00$1,761.17$0.00
Taxes / mo$318.00$318.00$318.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$161.82
HOA / mo$75.00$75.00$75.00
Total monthly$3,113.84$4,875.01$6,329.44
Cash to close$362,597$89,900$89,900