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$549,834$549,834$629,910
Remaining term (yrs)25.125.130.0
Secondary amount$0$80,076$0
Funding fee$2,749$2,749$0
Note rate3.050%3.050%7.400%
Blended rate3.050%3.806%7.640%
1st payment$2,604.39$2,604.39$4,361.37
2nd payment$0.00$600.57$0.00
Taxes / mo$583.25$583.25$583.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.98
HOA / mo$87.00$87.00$87.00
Total monthly$3,441.30$4,041.88$5,324.27
Cash to close$150,066$69,990$69,990