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$520,877$520,877$517,500
Remaining term (yrs)26.326.330.0
Secondary amount$0$25,373$0
Funding fee$2,604$2,604$0
Note rate6.270%6.270%7.320%
Blended rate6.270%6.530%7.560%
1st payment$3,362.75$3,362.75$3,554.87
2nd payment$0.00$251.08$0.00
Taxes / mo$219.42$219.42$219.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.50
HOA / mo$38.00$38.00$38.00
Total monthly$3,786.83$4,037.92$4,082.45
Cash to close$54,123$28,750$57,500