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$515,838$515,838$558,000
Remaining term (yrs)25.025.030.0
Secondary amount$0$42,162$0
Funding fee$2,579$2,579$0
Note rate2.770%2.770%7.320%
Blended rate2.770%3.241%7.560%
1st payment$2,373.95$2,373.95$3,833.07
2nd payment$0.00$316.22$0.00
Taxes / mo$516.67$516.67$516.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$111.60
HOA / mo$190.00$190.00$190.00
Total monthly$3,247.28$3,563.50$4,818.01
Cash to close$104,162$62,000$62,000