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$526,613$526,613$579,600
Remaining term (yrs)27.927.930.0
Secondary amount$0$52,987$0
Funding fee$2,633$2,633$0
Note rate6.780%6.780%7.400%
Blended rate6.780%6.983%7.640%
1st payment$3,499.46$3,499.46$4,013.03
2nd payment$0.00$397.40$0.00
Taxes / mo$536.67$536.67$536.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$115.92
HOA / mo$0.00$0.00$0.00
Total monthly$4,202.79$4,600.19$4,832.29
Cash to close$117,387$64,400$64,400