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$605,947$605,947$652,500
Remaining term (yrs)25.725.730.0
Secondary amount$0$46,553$0
Funding fee$3,030$3,030$0
Note rate5.270%5.270%7.320%
Blended rate5.270%5.536%7.560%
1st payment$3,581.88$3,581.88$4,482.22
2nd payment$0.00$349.15$0.00
Taxes / mo$1,019.75$1,019.75$1,019.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$130.50
HOA / mo$15.00$15.00$15.00
Total monthly$4,833.30$5,182.45$5,864.14
Cash to close$119,053$72,500$72,500