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$535,738$535,738$620,910
Remaining term (yrs)25.125.130.0
Secondary amount$0$85,172$0
Funding fee$2,679$2,679$0
Note rate2.770%2.770%7.320%
Blended rate2.770%3.625%7.560%
1st payment$2,459.90$2,459.90$4,265.22
2nd payment$0.00$638.79$0.00
Taxes / mo$513.00$513.00$513.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$124.18
HOA / mo$0.00$0.00$0.00
Total monthly$3,139.57$3,778.36$5,069.07
Cash to close$154,162$68,990$68,990