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$528,886$528,886$530,100
Remaining term (yrs)25.925.930.0
Secondary amount$0$30,664$0
Funding fee$2,644$2,644$0
Note rate5.220%5.220%7.400%
Blended rate5.220%5.585%7.640%
1st payment$3,096.53$3,096.53$3,670.31
2nd payment$0.00$303.44$0.00
Taxes / mo$291.00$291.00$291.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$106.02
HOA / mo$82.00$82.00$82.00
Total monthly$3,636.19$3,939.64$4,315.99
Cash to close$60,114$29,450$58,900