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$566,347$566,347$683,910
Remaining term (yrs)25.425.430.0
Secondary amount$0$117,563$0
Funding fee$2,832$2,832$0
Note rate3.760%3.760%7.320%
Blended rate3.760%4.489%7.560%
1st payment$2,874.84$2,874.84$4,697.99
2nd payment$0.00$783.75$0.00
Taxes / mo$537.83$537.83$537.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$136.78
HOA / mo$0.00$0.00$0.00
Total monthly$3,629.34$4,413.09$5,589.27
Cash to close$193,553$75,990$75,990