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$545,516$545,516$562,410
Remaining term (yrs)25.825.830.0
Secondary amount$0$48,139$0
Funding fee$2,728$2,728$0
Note rate3.850%3.850%7.400%
Blended rate3.850%4.501%7.640%
1st payment$2,774.93$2,774.93$3,894.01
2nd payment$0.00$476.38$0.00
Taxes / mo$520.75$520.75$520.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$112.48
HOA / mo$196.00$196.00$196.00
Total monthly$3,658.34$4,134.72$4,889.91
Cash to close$79,384$31,245$62,490