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$590,809$590,809$651,600
Remaining term (yrs)25.325.330.0
Secondary amount$0$60,791$0
Funding fee$2,954$2,954$0
Note rate3.690%3.690%7.320%
Blended rate3.690%4.185%7.560%
1st payment$2,988.16$2,988.16$4,476.04
2nd payment$0.00$455.94$0.00
Taxes / mo$192.75$192.75$192.75
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$3,407.58$3,863.52$5,025.78
Cash to close$133,191$72,400$72,400