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$514,280$514,280$580,410
Remaining term (yrs)29.329.330.0
Secondary amount$0$66,130$0
Funding fee$2,571$2,571$0
Note rate6.210%6.210%7.320%
Blended rate6.210%6.528%7.560%
1st payment$3,174.73$3,174.73$3,987.01
2nd payment$0.00$495.98$0.00
Taxes / mo$385.25$385.25$385.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$116.08
HOA / mo$0.00$0.00$0.00
Total monthly$3,726.64$4,222.62$4,655.01
Cash to close$130,620$64,490$64,490