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$501,679$501,679$508,500
Remaining term (yrs)29.129.130.0
Secondary amount$0$35,071$0
Funding fee$2,508$2,508$0
Note rate6.270%6.270%7.320%
Blended rate6.270%6.636%7.560%
1st payment$3,122.58$3,122.58$3,493.04
2nd payment$0.00$347.06$0.00
Taxes / mo$810.67$810.67$810.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$101.70
HOA / mo$6.00$6.00$6.00
Total monthly$4,105.91$4,452.97$4,578.08
Cash to close$63,321$28,250$56,500