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$526,847$526,847$603,000
Remaining term (yrs)24.924.930.0
Secondary amount$0$76,153$0
Funding fee$2,634$2,634$0
Note rate2.780%2.780%7.400%
Blended rate2.780%3.566%7.640%
1st payment$2,438.50$2,438.50$4,175.05
2nd payment$0.00$571.15$0.00
Taxes / mo$11.17$11.17$11.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$120.60
HOA / mo$64.58$64.58$64.58
Total monthly$2,680.91$3,252.06$4,538.06
Cash to close$143,153$67,000$67,000