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$559,544$559,544$652,500
Remaining term (yrs)25.325.330.0
Secondary amount$0$92,956$0
Funding fee$2,798$2,798$0
Note rate3.550%3.550%7.400%
Blended rate3.550%4.326%7.640%
1st payment$2,787.58$2,787.58$4,517.78
2nd payment$0.00$697.17$0.00
Taxes / mo$604.17$604.17$604.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$130.50
HOA / mo$137.00$137.00$137.00
Total monthly$3,745.41$4,442.58$5,606.11
Cash to close$165,456$72,500$72,500