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$565,683$565,683$658,800
Remaining term (yrs)24.924.930.0
Secondary amount$0$93,117$0
Funding fee$2,828$2,828$0
Note rate2.790%2.790%7.400%
Blended rate2.790%3.668%7.640%
1st payment$2,621.15$2,621.15$4,561.40
2nd payment$0.00$698.38$0.00
Taxes / mo$636.83$636.83$636.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$131.76
HOA / mo$96.00$96.00$96.00
Total monthly$3,570.65$4,269.03$5,642.66
Cash to close$166,317$73,200$73,200