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$517,219$517,219$535,500
Remaining term (yrs)25.325.330.0
Secondary amount$0$48,031$0
Funding fee$2,586$2,586$0
Note rate3.450%3.450%7.320%
Blended rate3.450%4.166%7.560%
1st payment$2,543.67$2,543.67$3,678.51
2nd payment$0.00$475.31$0.00
Taxes / mo$495.83$495.83$495.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.10
HOA / mo$310.00$310.00$310.00
Total monthly$3,516.17$3,991.48$4,758.11
Cash to close$77,781$29,750$59,500