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$528,045$528,045$539,955
Remaining term (yrs)27.927.930.0
Secondary amount$0$41,908$0
Funding fee$2,640$2,640$0
Note rate6.730%6.730%7.400%
Blended rate6.730%7.108%7.640%
1st payment$3,495.25$3,495.25$3,738.54
2nd payment$0.00$414.71$0.00
Taxes / mo$499.96$499.96$499.96
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.99
HOA / mo$205.00$205.00$205.00
Total monthly$4,366.88$4,781.59$4,718.16
Cash to close$71,905$29,998$59,995