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$545,686$545,686$602,100
Remaining term (yrs)26.426.430.0
Secondary amount$0$56,414$0
Funding fee$2,728$2,728$0
Note rate6.480%6.480%7.400%
Blended rate6.480%6.716%7.640%
1st payment$3,595.29$3,595.29$4,168.82
2nd payment$0.00$423.11$0.00
Taxes / mo$557.50$557.50$557.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$120.42
HOA / mo$236.00$236.00$236.00
Total monthly$4,555.46$4,978.57$5,249.41
Cash to close$123,314$66,900$66,900