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$623,364$623,364$675,000
Remaining term (yrs)25.125.130.0
Secondary amount$0$51,636$0
Funding fee$3,117$3,117$0
Note rate2.770%2.770%7.320%
Blended rate2.770%3.247%7.560%
1st payment$2,862.24$2,862.24$4,636.78
2nd payment$0.00$387.27$0.00
Taxes / mo$306.17$306.17$306.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$135.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,385.08$3,772.35$5,294.62
Cash to close$126,636$75,000$75,000