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$594,510$594,510$625,500
Remaining term (yrs)25.425.430.0
Secondary amount$0$30,990$0
Funding fee$2,973$2,973$0
Note rate3.890%3.890%7.400%
Blended rate3.890%4.143%7.640%
1st payment$3,060.26$3,060.26$4,330.84
2nd payment$0.00$232.42$0.00
Taxes / mo$579.17$579.17$579.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.10
HOA / mo$0.00$0.00$0.00
Total monthly$3,806.09$4,038.52$5,201.77
Cash to close$100,490$69,500$69,500