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$585,387$585,387$651,600
Remaining term (yrs)25.325.330.0
Secondary amount$0$66,213$0
Funding fee$2,927$2,927$0
Note rate3.110%3.110%7.320%
Blended rate3.110%3.709%7.560%
1st payment$2,779.14$2,779.14$4,476.04
2nd payment$0.00$496.59$0.00
Taxes / mo$192.77$192.77$192.77
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$130.32
HOA / mo$10.00$10.00$10.00
Total monthly$3,198.57$3,695.17$5,025.79
Cash to close$138,613$72,400$72,400