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$496,676$496,676$675,000
Remaining term (yrs)25.625.630.0
Secondary amount$0$178,324$0
Funding fee$2,483$2,483$0
Note rate5.100%5.100%7.400%
Blended rate5.100%5.866%7.640%
1st payment$2,890.39$2,890.39$4,673.56
2nd payment$0.00$1,188.83$0.00
Taxes / mo$354.75$354.75$354.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$135.00
HOA / mo$84.17$84.17$84.17
Total monthly$3,545.98$4,734.81$5,464.15
Cash to close$253,324$75,000$75,000