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$539,163$539,163$548,100
Remaining term (yrs)25.725.730.0
Secondary amount$0$39,387$0
Funding fee$2,696$2,696$0
Note rate5.250%5.250%7.400%
Blended rate5.250%5.701%7.640%
1st payment$3,180.69$3,180.69$3,794.93
2nd payment$0.00$389.76$0.00
Taxes / mo$285.17$285.17$285.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$109.62
HOA / mo$37.50$37.50$37.50
Total monthly$3,670.03$4,059.79$4,393.89
Cash to close$69,837$30,450$60,900