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$550,489$550,489$562,410
Remaining term (yrs)28.128.130.0
Secondary amount$0$43,166$0
Funding fee$2,752$2,752$0
Note rate6.790%6.790%7.320%
Blended rate6.790%7.160%7.560%
1st payment$3,654.52$3,654.52$3,863.37
2nd payment$0.00$427.17$0.00
Taxes / mo$460.33$460.33$460.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$112.48
HOA / mo$60.67$60.67$60.67
Total monthly$4,342.19$4,769.35$4,663.52
Cash to close$74,411$31,245$62,490