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$591,193$591,193$719,100
Remaining term (yrs)25.425.430.0
Secondary amount$0$127,907$0
Funding fee$2,956$2,956$0
Note rate3.760%3.760%7.320%
Blended rate3.760%4.514%7.560%
1st payment$3,000.96$3,000.96$4,939.72
2nd payment$0.00$852.71$0.00
Taxes / mo$665.83$665.83$665.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.82
HOA / mo$85.00$85.00$85.00
Total monthly$3,968.46$4,821.17$6,051.04
Cash to close$207,807$79,900$79,900