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$676,854$676,854$675,000
Remaining term (yrs)25.325.330.0
Secondary amount$0$35,646$0
Funding fee$3,384$3,384$0
Note rate2.900%2.900%7.400%
Blended rate2.900%3.349%7.640%
1st payment$3,139.19$3,139.19$4,673.56
2nd payment$0.00$352.75$0.00
Taxes / mo$625.00$625.00$625.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$135.00
HOA / mo$240.00$240.00$240.00
Total monthly$4,220.86$4,573.61$5,890.23
Cash to close$73,146$37,500$75,000