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$580,778$580,778$665,910
Remaining term (yrs)25.125.130.0
Secondary amount$0$85,132$0
Funding fee$2,904$2,904$0
Note rate3.090%3.090%7.400%
Blended rate3.090%3.846%7.640%
1st payment$2,763.12$2,763.12$4,610.63
2nd payment$0.00$638.49$0.00
Taxes / mo$228.17$228.17$228.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$133.18
HOA / mo$0.00$0.00$0.00
Total monthly$3,207.95$3,846.44$5,188.64
Cash to close$159,122$73,990$73,990