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$605,693$605,693$697,500
Remaining term (yrs)24.724.730.0
Secondary amount$0$91,807$0
Funding fee$3,028$3,028$0
Note rate2.940%2.940%7.400%
Blended rate2.940%3.738%7.640%
1st payment$2,866.37$2,866.37$4,829.35
2nd payment$0.00$688.55$0.00
Taxes / mo$645.83$645.83$645.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$139.50
HOA / mo$0.00$0.00$0.00
Total monthly$3,728.87$4,417.43$5,831.35
Cash to close$169,307$77,500$77,500