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$543,176$543,176$616,500
Remaining term (yrs)25.225.230.0
Secondary amount$0$73,324$0
Funding fee$2,716$2,716$0
Note rate2.880%2.880%7.400%
Blended rate2.880%3.608%7.640%
1st payment$2,519.19$2,519.19$4,268.52
2nd payment$0.00$549.93$0.00
Taxes / mo$362.33$362.33$362.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$123.30
HOA / mo$92.00$92.00$92.00
Total monthly$3,140.19$3,690.12$5,012.82
Cash to close$141,824$68,500$68,500