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$512,369$512,369$576,000
Remaining term (yrs)26.026.030.0
Secondary amount$0$63,631$0
Funding fee$2,562$2,562$0
Note rate6.020%6.020%7.320%
Blended rate6.020%6.349%7.560%
1st payment$3,244.52$3,244.52$3,956.72
2nd payment$0.00$477.23$0.00
Taxes / mo$666.33$666.33$666.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$115.20
HOA / mo$146.67$146.67$146.67
Total monthly$4,224.19$4,701.42$5,051.59
Cash to close$127,631$64,000$64,000