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$544,596$544,596$710,100
Remaining term (yrs)28.428.430.0
Secondary amount$0$165,504$0
Funding fee$2,723$2,723$0
Note rate6.760%6.760%7.320%
Blended rate6.760%7.049%7.560%
1st payment$3,590.75$3,590.75$4,877.89
2nd payment$0.00$1,103.36$0.00
Taxes / mo$515.25$515.25$515.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$142.02
HOA / mo$30.00$30.00$30.00
Total monthly$4,352.67$5,456.02$5,781.83
Cash to close$244,404$78,900$78,900