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$519,573$519,573$539,100
Remaining term (yrs)26.326.330.0
Secondary amount$0$49,477$0
Funding fee$2,598$2,598$0
Note rate6.360%6.360%7.400%
Blended rate6.360%6.840%7.640%
1st payment$3,387.89$3,387.89$3,732.62
2nd payment$0.00$489.62$0.00
Taxes / mo$366.00$366.00$366.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.82
HOA / mo$352.00$352.00$352.00
Total monthly$4,272.56$4,762.18$4,725.11
Cash to close$79,427$29,950$59,900