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$578,625$578,625$625,410
Remaining term (yrs)25.425.430.0
Secondary amount$0$46,785$0
Funding fee$2,893$2,893$0
Note rate3.875%3.875%7.400%
Blended rate3.875%4.258%7.640%
1st payment$2,973.70$2,973.70$4,330.21
2nd payment$0.00$350.89$0.00
Taxes / mo$323.50$323.50$323.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.08
HOA / mo$0.00$0.00$0.00
Total monthly$3,463.87$3,814.76$4,945.46
Cash to close$116,275$69,490$69,490