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$525,238$525,238$539,100
Remaining term (yrs)29.129.130.0
Secondary amount$0$43,812$0
Funding fee$2,626$2,626$0
Note rate6.170%6.170%7.400%
Blended rate6.170%6.609%7.640%
1st payment$3,235.34$3,235.34$3,732.62
2nd payment$0.00$433.56$0.00
Taxes / mo$499.17$499.17$499.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.82
HOA / mo$0.00$0.00$0.00
Total monthly$3,901.17$4,334.73$4,506.27
Cash to close$73,762$29,950$59,900