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$530,253$530,253$593,550
Remaining term (yrs)29.229.230.0
Secondary amount$0$63,297$0
Funding fee$2,651$2,651$0
Note rate6.230%6.230%7.400%
Blended rate6.230%6.525%7.640%
1st payment$3,283.44$3,283.44$4,109.62
2nd payment$0.00$474.73$0.00
Taxes / mo$549.58$549.58$549.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$118.71
HOA / mo$229.00$229.00$229.00
Total monthly$4,228.69$4,703.42$5,173.58
Cash to close$129,247$65,950$65,950