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$526,083$526,083$562,500
Remaining term (yrs)25.125.130.0
Secondary amount$0$36,417$0
Funding fee$2,630$2,630$0
Note rate3.090%3.090%7.400%
Blended rate3.090%3.473%7.640%
1st payment$2,502.90$2,502.90$3,894.64
2nd payment$0.00$273.13$0.00
Taxes / mo$520.83$520.83$520.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$112.50
HOA / mo$124.00$124.00$124.00
Total monthly$3,314.40$3,587.53$4,818.64
Cash to close$98,917$62,500$62,500