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$529,687$529,687$810,000
Remaining term (yrs)26.426.430.0
Secondary amount$0$280,313$0
Funding fee$2,648$2,648$0
Note rate6.500%6.500%7.320%
Blended rate6.500%6.933%7.560%
1st payment$3,492.49$3,492.49$5,564.14
2nd payment$0.00$1,810.36$0.00
Taxes / mo$270.55$270.55$270.55
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$162.00
HOA / mo$110.00$110.00$110.00
Total monthly$4,089.70$5,900.06$6,323.35
Cash to close$370,313$90,000$90,000