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$555,945$555,945$899,100
Remaining term (yrs)25.525.530.0
Secondary amount$0$343,155$0
Funding fee$2,780$2,780$0
Note rate4.670%4.670%7.400%
Blended rate4.670%5.846%7.640%
1st payment$3,101.02$3,101.02$6,225.19
2nd payment$0.00$2,216.21$0.00
Taxes / mo$832.50$832.50$832.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$179.82
HOA / mo$20.83$20.83$20.83
Total monthly$4,171.01$6,387.22$7,475.00
Cash to close$443,055$99,900$99,900