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$549,326$549,326$593,910
Remaining term (yrs)26.726.730.0
Secondary amount$0$44,584$0
Funding fee$2,747$2,747$0
Note rate6.270%6.270%7.400%
Blended rate6.270%6.475%7.640%
1st payment$3,529.26$3,529.26$4,112.11
2nd payment$0.00$334.38$0.00
Taxes / mo$549.92$549.92$549.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$118.78
HOA / mo$145.00$145.00$145.00
Total monthly$4,390.84$4,725.23$5,092.48
Cash to close$110,574$65,990$65,990