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$539,178$539,178$544,499
Remaining term (yrs)29.129.130.0
Secondary amount$0$35,571$0
Funding fee$2,696$2,696$0
Note rate6.340%6.340%7.400%
Blended rate6.340%6.683%7.640%
1st payment$3,380.41$3,380.41$3,770.00
2nd payment$0.00$352.00$0.00
Taxes / mo$75.47$75.47$75.47
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$108.90
HOA / mo$0.00$0.00$0.00
Total monthly$3,622.55$3,974.55$4,121.04
Cash to close$65,821$30,250$60,500