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$586,214$586,214$620,910
Remaining term (yrs)25.325.330.0
Secondary amount$0$34,696$0
Funding fee$2,931$2,931$0
Note rate2.900%2.900%7.400%
Blended rate2.900%3.241%7.640%
1st payment$2,718.81$2,718.81$4,299.06
2nd payment$0.00$260.22$0.00
Taxes / mo$574.92$574.92$574.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$124.18
HOA / mo$182.00$182.00$182.00
Total monthly$3,642.40$3,902.62$5,346.82
Cash to close$103,686$68,990$68,990