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$605,693$605,693$674,999
Remaining term (yrs)24.724.730.0
Secondary amount$0$69,306$0
Funding fee$3,028$3,028$0
Note rate2.940%2.940%7.400%
Blended rate2.940%3.562%7.640%
1st payment$2,866.37$2,866.37$4,673.56
2nd payment$0.00$519.80$0.00
Taxes / mo$625.00$625.00$625.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$135.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,708.04$4,227.84$5,650.22
Cash to close$144,306$75,000$75,000