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$581,632$581,632$647,910
Remaining term (yrs)25.425.430.0
Secondary amount$0$66,278$0
Funding fee$2,908$2,908$0
Note rate3.550%3.550%7.400%
Blended rate3.550%4.108%7.640%
1st payment$2,891.78$2,891.78$4,486.00
2nd payment$0.00$497.08$0.00
Taxes / mo$243.83$243.83$243.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$129.58
HOA / mo$325.33$325.33$325.33
Total monthly$3,677.60$4,174.69$5,401.40
Cash to close$138,268$71,990$71,990