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$593,185$593,185$598,500
Remaining term (yrs)25.325.330.0
Secondary amount$0$38,565$0
Funding fee$2,966$2,966$0
Note rate2.900%2.900%7.320%
Blended rate2.900%3.448%7.560%
1st payment$2,751.15$2,751.15$4,111.28
2nd payment$0.00$381.63$0.00
Taxes / mo$261.17$261.17$261.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$119.70
HOA / mo$90.00$90.00$90.00
Total monthly$3,268.98$3,650.61$4,748.81
Cash to close$71,815$33,250$66,500