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$521,254$521,254$657,000
Remaining term (yrs)25.925.930.0
Secondary amount$0$135,746$0
Funding fee$2,606$2,606$0
Note rate2.880%2.880%7.320%
Blended rate2.880%3.938%7.560%
1st payment$2,375.45$2,375.45$4,513.13
2nd payment$0.00$904.97$0.00
Taxes / mo$608.33$608.33$608.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$131.40
HOA / mo$36.00$36.00$36.00
Total monthly$3,236.45$4,141.42$5,505.53
Cash to close$208,746$73,000$73,000