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$522,678$522,678$607,500
Remaining term (yrs)25.425.430.0
Secondary amount$0$84,822$0
Funding fee$2,613$2,613$0
Note rate3.450%3.450%7.320%
Blended rate3.450%4.225%7.560%
1st payment$2,570.52$2,570.52$4,173.10
2nd payment$0.00$636.17$0.00
Taxes / mo$802.00$802.00$802.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$121.50
HOA / mo$0.00$0.00$0.00
Total monthly$3,539.19$4,175.35$5,263.27
Cash to close$152,322$67,500$67,500