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$580,469$580,469$751,500
Remaining term (yrs)25.525.530.0
Secondary amount$0$171,031$0
Funding fee$2,902$2,902$0
Note rate4.420%4.420%7.320%
Blended rate4.420%5.235%7.560%
1st payment$3,154.71$3,154.71$5,162.28
2nd payment$0.00$1,140.21$0.00
Taxes / mo$938.42$938.42$938.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$150.30
HOA / mo$188.67$188.67$188.67
Total monthly$4,498.47$5,638.67$6,656.34
Cash to close$254,531$83,500$83,500