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$519,391$519,391$567,000
Remaining term (yrs)25.225.230.0
Secondary amount$0$47,609$0
Funding fee$2,597$2,597$0
Note rate3.090%3.090%7.240%
Blended rate3.090%3.586%7.480%
1st payment$2,465.69$2,465.69$3,864.09
2nd payment$0.00$357.07$0.00
Taxes / mo$525.00$525.00$525.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$113.40
HOA / mo$330.00$330.00$330.00
Total monthly$3,487.36$3,844.43$4,999.16
Cash to close$110,609$63,000$63,000