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$521,419$521,419$539,910
Remaining term (yrs)26.826.830.0
Secondary amount$0$48,486$0
Funding fee$2,607$2,607$0
Note rate6.570%6.570%7.400%
Blended rate6.570%7.021%7.640%
1st payment$3,445.40$3,445.40$3,738.23
2nd payment$0.00$479.81$0.00
Taxes / mo$499.92$499.92$499.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.98
HOA / mo$395.00$395.00$395.00
Total monthly$4,506.98$4,986.80$4,907.79
Cash to close$78,481$29,995$59,990