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$623,897$623,897$675,000
Remaining term (yrs)25.025.030.0
Secondary amount$0$51,103$0
Funding fee$3,119$3,119$0
Note rate2.880%2.880%7.320%
Blended rate2.880%3.343%7.560%
1st payment$2,906.59$2,906.59$4,636.78
2nd payment$0.00$383.27$0.00
Taxes / mo$669.33$669.33$669.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$135.00
HOA / mo$289.00$289.00$289.00
Total monthly$4,081.59$4,464.86$5,946.78
Cash to close$126,103$75,000$75,000