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$546,740$546,740$679,500
Remaining term (yrs)26.426.430.0
Secondary amount$0$132,760$0
Funding fee$2,734$2,734$0
Note rate6.090%6.090%7.400%
Blended rate6.090%6.463%7.640%
1st payment$3,468.09$3,468.09$4,704.72
2nd payment$0.00$885.07$0.00
Taxes / mo$298.50$298.50$298.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$135.90
HOA / mo$15.00$15.00$15.00
Total monthly$3,998.26$4,883.33$5,370.79
Cash to close$208,260$75,500$75,500