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$525,078$525,078$527,850
Remaining term (yrs)25.525.530.0
Secondary amount$0$32,097$0
Funding fee$2,625$2,625$0
Note rate3.890%3.890%7.400%
Blended rate3.890%4.350%7.640%
1st payment$2,697.73$2,697.73$3,654.73
2nd payment$0.00$317.63$0.00
Taxes / mo$141.33$141.33$141.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$105.57
HOA / mo$0.00$0.00$0.00
Total monthly$3,005.73$3,323.36$4,068.30
Cash to close$61,422$29,325$58,650