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$511,671$511,671$530,910
Remaining term (yrs)26.126.130.0
Secondary amount$0$48,734$0
Funding fee$2,558$2,558$0
Note rate6.900%6.900%7.320%
Blended rate6.900%7.333%7.560%
1st payment$3,520.53$3,520.53$3,646.98
2nd payment$0.00$482.26$0.00
Taxes / mo$67.17$67.17$67.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$106.18
HOA / mo$388.00$388.00$388.00
Total monthly$4,142.37$4,624.63$4,375.00
Cash to close$78,229$29,495$58,990