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$495,213$495,213$517,500
Remaining term (yrs)29.229.230.0
Secondary amount$0$51,037$0
Funding fee$2,476$2,476$0
Note rate6.190%6.190%7.400%
Blended rate6.190%6.721%7.640%
1st payment$3,053.69$3,053.69$3,583.07
2nd payment$0.00$505.05$0.00
Taxes / mo$488.25$488.25$488.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.50
HOA / mo$309.00$309.00$309.00
Total monthly$4,017.61$4,522.66$4,650.48
Cash to close$79,787$28,750$57,500