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$520,238$520,238$629,100
Remaining term (yrs)25.425.430.0
Secondary amount$0$108,862$0
Funding fee$2,601$2,601$0
Note rate2.600%2.600%7.320%
Blended rate2.600%3.534%7.560%
1st payment$2,321.97$2,321.97$4,321.48
2nd payment$0.00$725.75$0.00
Taxes / mo$620.58$620.58$620.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.82
HOA / mo$0.00$0.00$0.00
Total monthly$3,109.22$3,834.97$5,234.55
Cash to close$178,762$69,900$69,900