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$511,471$511,471$602,100
Remaining term (yrs)25.525.530.0
Secondary amount$0$90,629$0
Funding fee$2,557$2,557$0
Note rate4.170%4.170%7.320%
Blended rate4.170%4.897%7.560%
1st payment$2,707.50$2,707.50$4,136.01
2nd payment$0.00$679.72$0.00
Taxes / mo$511.50$511.50$511.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$120.42
HOA / mo$90.00$90.00$90.00
Total monthly$3,475.67$4,155.39$5,024.60
Cash to close$157,529$66,900$66,900