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$506,270$506,270$526,500
Remaining term (yrs)25.525.530.0
Secondary amount$0$49,480$0
Funding fee$2,531$2,531$0
Note rate4.170%4.170%7.400%
Blended rate4.170%4.856%7.640%
1st payment$2,679.97$2,679.97$3,645.38
2nd payment$0.00$489.65$0.00
Taxes / mo$640.63$640.63$640.63
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$105.30
HOA / mo$0.00$0.00$0.00
Total monthly$3,487.26$3,976.91$4,557.97
Cash to close$78,730$29,250$58,500