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$565,681$565,681$675,000
Remaining term (yrs)25.325.330.0
Secondary amount$0$109,319$0
Funding fee$2,828$2,828$0
Note rate2.625%2.625%7.320%
Blended rate2.625%3.496%7.560%
1st payment$2,543.65$2,543.65$4,636.78
2nd payment$0.00$728.80$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$311.00$311.00$311.00
Total monthly$3,696.32$4,425.12$5,924.45
Cash to close$184,319$75,000$75,000