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$595,742$595,742$750,600
Remaining term (yrs)25.525.530.0
Secondary amount$0$154,858$0
Funding fee$2,979$2,979$0
Note rate4.170%4.170%7.400%
Blended rate4.170%4.960%7.640%
1st payment$3,153.60$3,153.60$5,197.00
2nd payment$0.00$1,032.39$0.00
Taxes / mo$241.33$241.33$241.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$150.12
HOA / mo$33.33$33.33$33.33
Total monthly$3,644.93$4,677.32$5,838.45
Cash to close$238,258$83,400$83,400