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$584,752$584,752$809,100
Remaining term (yrs)24.124.130.0
Secondary amount$0$224,348$0
Funding fee$2,924$2,924$0
Note rate2.750%2.750%7.240%
Blended rate2.750%4.136%7.480%
1st payment$2,755.63$2,755.63$5,514.00
2nd payment$0.00$1,448.91$0.00
Taxes / mo$749.17$749.17$749.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$161.82
HOA / mo$0.00$0.00$0.00
Total monthly$3,721.46$5,170.38$6,641.65
Cash to close$314,248$89,900$89,900