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$525,206$525,206$566,910
Remaining term (yrs)24.924.930.0
Secondary amount$0$41,704$0
Funding fee$2,626$2,626$0
Note rate2.760%2.760%7.320%
Blended rate2.760%3.219%7.560%
1st payment$2,419.92$2,419.92$3,894.28
2nd payment$0.00$312.78$0.00
Taxes / mo$524.92$524.92$524.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$113.38
HOA / mo$203.00$203.00$203.00
Total monthly$3,314.51$3,627.29$4,902.24
Cash to close$104,694$62,990$62,990