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$565,190$565,190$576,000
Remaining term (yrs)25.425.430.0
Secondary amount$0$42,810$0
Funding fee$2,826$2,826$0
Note rate3.450%3.450%7.320%
Blended rate3.450%4.043%7.560%
1st payment$2,773.94$2,773.94$3,956.72
2nd payment$0.00$423.64$0.00
Taxes / mo$533.33$533.33$533.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$115.20
HOA / mo$204.00$204.00$204.00
Total monthly$3,677.94$4,101.59$4,975.92
Cash to close$74,810$32,000$64,000