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$611,597$611,597$823,500
Remaining term (yrs)24.824.830.0
Secondary amount$0$211,903$0
Funding fee$3,058$3,058$0
Note rate2.880%2.880%7.320%
Blended rate2.880%4.133%7.560%
1st payment$2,868.77$2,868.77$5,656.87
2nd payment$0.00$1,368.54$0.00
Taxes / mo$630.42$630.42$630.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$164.70
HOA / mo$541.00$541.00$541.00
Total monthly$4,256.86$5,625.40$7,209.66
Cash to close$303,403$91,500$91,500