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$512,926$512,926$526,500
Remaining term (yrs)26.326.330.0
Secondary amount$0$42,824$0
Funding fee$2,565$2,565$0
Note rate6.330%6.330%7.400%
Blended rate6.330%6.757%7.640%
1st payment$3,334.86$3,334.86$3,645.38
2nd payment$0.00$423.78$0.00
Taxes / mo$533.83$533.83$533.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$105.30
HOA / mo$0.00$0.00$0.00
Total monthly$4,035.36$4,459.14$4,451.18
Cash to close$72,074$29,250$58,500