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$531,335$531,335$626,220
Remaining term (yrs)24.424.430.0
Secondary amount$0$94,885$0
Funding fee$2,657$2,657$0
Note rate2.770%2.770%7.400%
Blended rate2.770%3.714%7.640%
1st payment$2,491.36$2,491.36$4,335.82
2nd payment$0.00$711.64$0.00
Taxes / mo$579.83$579.83$579.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.24
HOA / mo$0.00$0.00$0.00
Total monthly$3,237.86$3,949.49$5,207.56
Cash to close$164,465$69,580$69,580