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$519,391$519,391$584,100
Remaining term (yrs)25.225.230.0
Secondary amount$0$64,709$0
Funding fee$2,597$2,597$0
Note rate3.090%3.090%7.400%
Blended rate3.090%3.745%7.640%
1st payment$2,465.69$2,465.69$4,044.19
2nd payment$0.00$485.32$0.00
Taxes / mo$540.83$540.83$540.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$116.82
HOA / mo$330.00$330.00$330.00
Total monthly$3,503.19$3,988.51$5,198.51
Cash to close$129,609$64,900$64,900