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$598,708$598,708$652,500
Remaining term (yrs)25.325.330.0
Secondary amount$0$53,792$0
Funding fee$2,994$2,994$0
Note rate3.100%3.100%7.320%
Blended rate3.100%3.586%7.560%
1st payment$2,839.23$2,839.23$4,482.22
2nd payment$0.00$403.44$0.00
Taxes / mo$517.58$517.58$517.58
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$130.50
HOA / mo$192.67$192.67$192.67
Total monthly$3,766.15$4,169.59$5,539.64
Cash to close$126,292$72,500$72,500