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$534,339$534,339$562,410
Remaining term (yrs)27.927.930.0
Secondary amount$0$28,071$0
Funding fee$2,672$2,672$0
Note rate6.350%6.350%7.400%
Blended rate6.350%6.482%7.640%
1st payment$3,402.07$3,402.07$3,894.01
2nd payment$0.00$210.53$0.00
Taxes / mo$609.50$609.50$609.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$112.48
HOA / mo$0.00$0.00$0.00
Total monthly$4,178.24$4,388.77$4,782.66
Cash to close$90,561$62,490$62,490