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$543,774$543,774$607,500
Remaining term (yrs)24.824.830.0
Secondary amount$0$63,726$0
Funding fee$2,719$2,719$0
Note rate2.930%2.930%7.400%
Blended rate2.930%3.567%7.640%
1st payment$2,564.69$2,564.69$4,206.21
2nd payment$0.00$477.94$0.00
Taxes / mo$562.50$562.50$562.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$121.50
HOA / mo$0.00$0.00$0.00
Total monthly$3,293.86$3,771.80$5,056.87
Cash to close$131,226$67,500$67,500