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$554,996$554,996$621,000
Remaining term (yrs)25.725.730.0
Secondary amount$0$66,004$0
Funding fee$2,775$2,775$0
Note rate5.090%5.090%7.400%
Blended rate5.090%5.506%7.640%
1st payment$3,221.47$3,221.47$4,299.68
2nd payment$0.00$495.03$0.00
Taxes / mo$575.00$575.00$575.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$124.20
HOA / mo$0.00$0.00$0.00
Total monthly$3,963.14$4,458.17$5,165.55
Cash to close$135,004$69,000$69,000