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$688,021$688,021$706,500
Remaining term (yrs)25.325.330.0
Secondary amount$0$57,729$0
Funding fee$3,440$3,440$0
Note rate2.900%2.900%7.400%
Blended rate2.900%3.595%7.640%
1st payment$3,190.99$3,190.99$4,891.66
2nd payment$0.00$571.28$0.00
Taxes / mo$423.30$423.30$423.30
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$141.30
HOA / mo$11.67$11.67$11.67
Total monthly$3,842.62$4,413.90$5,684.59
Cash to close$96,979$39,250$78,500