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$567,354$567,354$571,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$35,896$0
Funding fee$2,837$2,837$0
Note rate2.830%2.830%7.400%
Blended rate2.830%3.368%7.640%
1st payment$2,677.67$2,677.67$3,956.95
2nd payment$0.00$355.22$0.00
Taxes / mo$529.17$529.17$529.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$114.30
HOA / mo$27.00$27.00$27.00
Total monthly$3,400.50$3,755.71$4,794.08
Cash to close$67,646$31,750$63,500