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$604,342$604,342$701,100
Remaining term (yrs)24.924.930.0
Secondary amount$0$96,758$0
Funding fee$3,022$3,022$0
Note rate2.980%2.980%7.400%
Blended rate2.980%3.811%7.640%
1st payment$2,859.58$2,859.58$4,854.27
2nd payment$0.00$725.68$0.00
Taxes / mo$649.17$649.17$649.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$140.22
HOA / mo$0.00$0.00$0.00
Total monthly$3,725.41$4,451.09$5,860.33
Cash to close$174,658$77,900$77,900