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$547,091$547,091$666,000
Remaining term (yrs)25.525.530.0
Secondary amount$0$118,909$0
Funding fee$2,735$2,735$0
Note rate4.170%4.170%7.400%
Blended rate4.170%4.854%7.640%
1st payment$2,896.06$2,896.06$4,611.25
2nd payment$0.00$792.73$0.00
Taxes / mo$294.08$294.08$294.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$133.20
HOA / mo$82.00$82.00$82.00
Total monthly$3,488.81$4,281.54$5,337.20
Cash to close$192,909$74,000$74,000