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$535,201$535,201$567,000
Remaining term (yrs)26.026.030.0
Secondary amount$0$31,799$0
Funding fee$2,676$2,676$0
Note rate6.110%6.110%7.400%
Blended rate6.110%6.272%7.640%
1st payment$3,419.00$3,419.00$3,925.79
2nd payment$0.00$238.49$0.00
Taxes / mo$525.00$525.00$525.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$113.40
HOA / mo$48.00$48.00$48.00
Total monthly$4,158.66$4,397.16$4,778.86
Cash to close$94,799$63,000$63,000