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$534,712$534,712$621,000
Remaining term (yrs)23.923.930.0
Secondary amount$0$86,288$0
Funding fee$2,674$2,674$0
Note rate3.270%3.270%7.400%
Blended rate3.270%4.066%7.640%
1st payment$2,675.80$2,675.80$4,299.68
2nd payment$0.00$647.16$0.00
Taxes / mo$453.50$453.50$453.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$124.20
HOA / mo$0.00$0.00$0.00
Total monthly$3,295.97$3,943.13$5,044.05
Cash to close$155,288$69,000$69,000