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$526,625$526,625$562,500
Remaining term (yrs)24.824.830.0
Secondary amount$0$35,875$0
Funding fee$2,633$2,633$0
Note rate2.880%2.880%7.320%
Blended rate2.880%3.270%7.560%
1st payment$2,470.20$2,470.20$3,863.98
2nd payment$0.00$269.07$0.00
Taxes / mo$200.83$200.83$200.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$112.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,837.70$3,106.77$4,343.98
Cash to close$98,375$62,500$62,500