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$598,656$598,656$742,500
Remaining term (yrs)24.924.930.0
Secondary amount$0$143,844$0
Funding fee$2,993$2,993$0
Note rate2.790%2.790%7.400%
Blended rate2.790%3.799%7.640%
1st payment$2,773.94$2,773.94$5,140.92
2nd payment$0.00$958.96$0.00
Taxes / mo$687.50$687.50$687.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$148.50
HOA / mo$0.00$0.00$0.00
Total monthly$3,678.11$4,637.07$6,193.59
Cash to close$226,344$82,500$82,500