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$593,304$593,304$674,910
Remaining term (yrs)25.725.730.0
Secondary amount$0$81,606$0
Funding fee$2,967$2,967$0
Note rate5.090%5.090%7.400%
Blended rate5.090%5.563%7.640%
1st payment$3,443.83$3,443.83$4,672.94
2nd payment$0.00$612.04$0.00
Taxes / mo$648.25$648.25$648.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$134.98
HOA / mo$20.83$20.83$20.83
Total monthly$4,329.58$4,941.62$5,693.67
Cash to close$156,596$74,990$74,990