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$529,359$529,359$539,999
Remaining term (yrs)27.327.330.0
Secondary amount$0$40,640$0
Funding fee$2,647$2,647$0
Note rate6.820%6.820%7.400%
Blended rate6.820%7.180%7.640%
1st payment$3,560.26$3,560.26$3,738.84
2nd payment$0.00$402.17$0.00
Taxes / mo$209.92$209.92$209.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$108.00
HOA / mo$60.42$60.42$60.42
Total monthly$3,997.26$4,399.43$4,283.85
Cash to close$70,640$30,000$60,000