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$529,967$529,967$607,500
Remaining term (yrs)24.024.030.0
Secondary amount$0$77,533$0
Funding fee$2,650$2,650$0
Note rate2.900%2.900%7.320%
Blended rate2.900%3.679%7.560%
1st payment$2,544.16$2,544.16$4,173.10
2nd payment$0.00$581.50$0.00
Taxes / mo$387.67$387.67$387.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$121.50
HOA / mo$125.00$125.00$125.00
Total monthly$3,223.50$3,804.99$4,973.94
Cash to close$145,033$67,500$67,500