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$536,619$536,619$675,000
Remaining term (yrs)25.525.530.0
Secondary amount$0$138,381$0
Funding fee$2,683$2,683$0
Note rate4.160%4.160%7.320%
Blended rate4.160%4.947%7.560%
1st payment$2,837.62$2,837.62$4,636.78
2nd payment$0.00$922.54$0.00
Taxes / mo$462.91$462.91$462.91
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$135.00
HOA / mo$50.00$50.00$50.00
Total monthly$3,567.19$4,489.73$5,501.36
Cash to close$213,381$75,000$75,000