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$533,457$533,457$559,800
Remaining term (yrs)28.428.430.0
Secondary amount$0$26,343$0
Funding fee$2,667$2,667$0
Note rate6.950%6.950%7.400%
Blended rate6.950%7.046%7.640%
1st payment$3,587.37$3,587.37$3,875.94
2nd payment$0.00$197.58$0.00
Taxes / mo$251.25$251.25$251.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$111.96
HOA / mo$110.00$110.00$110.00
Total monthly$4,115.29$4,312.87$4,515.82
Cash to close$88,543$62,200$62,200