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$525,217$525,217$571,500
Remaining term (yrs)26.026.030.0
Secondary amount$0$46,283$0
Funding fee$2,626$2,626$0
Note rate6.020%6.020%7.400%
Blended rate6.020%6.261%7.640%
1st payment$3,325.87$3,325.87$3,956.95
2nd payment$0.00$347.13$0.00
Taxes / mo$529.17$529.17$529.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$114.30
HOA / mo$0.00$0.00$0.00
Total monthly$4,021.71$4,368.83$4,767.08
Cash to close$109,783$63,500$63,500