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$554,405$554,405$558,000
Remaining term (yrs)25.925.930.0
Secondary amount$0$34,595$0
Funding fee$2,772$2,772$0
Note rate5.410%5.410%7.320%
Blended rate5.410%5.790%7.560%
1st payment$3,313.81$3,313.81$3,833.07
2nd payment$0.00$342.34$0.00
Taxes / mo$419.33$419.33$419.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$111.60
HOA / mo$2.92$2.92$2.92
Total monthly$3,902.73$4,245.08$4,533.59
Cash to close$65,595$31,000$62,000