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$544,973$544,973$647,999
Remaining term (yrs)24.324.330.0
Secondary amount$0$103,026$0
Funding fee$2,725$2,725$0
Note rate2.660%2.660%7.400%
Blended rate2.660%3.509%7.640%
1st payment$2,530.91$2,530.91$4,486.61
2nd payment$0.00$686.84$0.00
Taxes / mo$441.30$441.30$441.30
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$129.60
HOA / mo$9.58$9.58$9.58
Total monthly$3,198.45$3,885.29$5,283.76
Cash to close$175,026$72,000$72,000