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$570,619$570,619$675,000
Remaining term (yrs)25.325.330.0
Secondary amount$0$104,381$0
Funding fee$2,853$2,853$0
Note rate3.250%3.250%7.400%
Blended rate3.250%3.985%7.640%
1st payment$2,751.18$2,751.18$4,673.56
2nd payment$0.00$695.88$0.00
Taxes / mo$532.08$532.08$532.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$135.00
HOA / mo$25.00$25.00$25.00
Total monthly$3,524.93$4,220.80$5,582.31
Cash to close$179,381$75,000$75,000