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$512,914$512,914$515,700
Remaining term (yrs)29.329.330.0
Secondary amount$0$31,436$0
Funding fee$2,565$2,565$0
Note rate6.060%6.060%7.320%
Blended rate6.060%6.396%7.560%
1st payment$3,113.61$3,113.61$3,542.50
2nd payment$0.00$311.08$0.00
Taxes / mo$567.50$567.50$567.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.14
HOA / mo$9.50$9.50$9.50
Total monthly$3,857.28$4,168.36$4,389.31
Cash to close$60,086$28,650$57,300