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$533,266$533,266$535,500
Remaining term (yrs)27.327.330.0
Secondary amount$0$31,984$0
Funding fee$2,666$2,666$0
Note rate6.500%6.500%7.400%
Blended rate6.500%6.804%7.640%
1st payment$3,476.37$3,476.37$3,707.69
2nd payment$0.00$316.51$0.00
Taxes / mo$363.50$363.50$363.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.10
HOA / mo$79.00$79.00$79.00
Total monthly$4,085.54$4,402.05$4,423.96
Cash to close$61,734$29,750$59,500