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$522,414$522,414$526,500
Remaining term (yrs)27.627.630.0
Secondary amount$0$33,336$0
Funding fee$2,612$2,612$0
Note rate6.740%6.740%7.400%
Blended rate6.740%7.048%7.640%
1st payment$3,471.95$3,471.95$3,645.38
2nd payment$0.00$329.89$0.00
Taxes / mo$608.67$608.67$608.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$105.30
HOA / mo$8.33$8.33$8.33
Total monthly$4,255.62$4,585.51$4,534.34
Cash to close$62,586$29,250$58,500