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$552,412$552,412$639,000
Remaining term (yrs)25.425.430.0
Secondary amount$0$86,588$0
Funding fee$2,762$2,762$0
Note rate3.450%3.450%7.400%
Blended rate3.450%4.202%7.640%
1st payment$2,716.75$2,716.75$4,424.31
2nd payment$0.00$649.41$0.00
Taxes / mo$591.67$591.67$591.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$127.80
HOA / mo$99.00$99.00$99.00
Total monthly$3,624.09$4,273.49$5,459.44
Cash to close$157,588$71,000$71,000