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$595,950$595,950$629,100
Remaining term (yrs)25.425.430.0
Secondary amount$0$33,150$0
Funding fee$2,980$2,980$0
Note rate3.450%3.450%7.320%
Blended rate3.450%3.742%7.560%
1st payment$2,930.87$2,930.87$4,321.48
2nd payment$0.00$248.62$0.00
Taxes / mo$582.50$582.50$582.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.82
HOA / mo$200.00$200.00$200.00
Total monthly$3,880.04$4,128.66$5,396.47
Cash to close$103,050$69,900$69,900