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$537,387$537,387$558,000
Remaining term (yrs)27.627.630.0
Secondary amount$0$51,613$0
Funding fee$2,687$2,687$0
Note rate7.220%7.220%7.320%
Blended rate7.220%7.628%7.560%
1st payment$3,740.78$3,740.78$3,833.07
2nd payment$0.00$510.75$0.00
Taxes / mo$762.75$762.75$762.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$111.60
HOA / mo$41.67$41.67$41.67
Total monthly$4,711.87$5,222.62$4,915.76
Cash to close$82,613$31,000$62,000