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$573,441$573,441$710,910
Remaining term (yrs)24.924.930.0
Secondary amount$0$137,469$0
Funding fee$2,867$2,867$0
Note rate2.790%2.790%7.400%
Blended rate2.790%3.797%7.640%
1st payment$2,657.10$2,657.10$4,922.20
2nd payment$0.00$916.46$0.00
Taxes / mo$327.25$327.25$327.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$142.18
HOA / mo$78.00$78.00$78.00
Total monthly$3,279.02$4,195.48$5,686.30
Cash to close$216,459$78,990$78,990