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$604,029$604,029$606,600
Remaining term (yrs)24.724.730.0
Secondary amount$0$36,271$0
Funding fee$3,020$3,020$0
Note rate2.900%2.900%7.320%
Blended rate2.900%3.408%7.560%
1st payment$2,846.01$2,846.01$4,166.92
2nd payment$0.00$358.93$0.00
Taxes / mo$795.67$795.67$795.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$121.32
HOA / mo$0.00$0.00$0.00
Total monthly$3,808.35$4,167.28$5,250.57
Cash to close$69,971$33,700$67,400