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$575,354$575,354$611,910
Remaining term (yrs)25.825.830.0
Secondary amount$0$36,556$0
Funding fee$2,877$2,877$0
Note rate5.510%5.510%7.400%
Blended rate5.510%5.718%7.640%
1st payment$3,478.71$3,478.71$4,236.74
2nd payment$0.00$274.17$0.00
Taxes / mo$566.58$566.58$566.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$122.38
HOA / mo$256.00$256.00$256.00
Total monthly$4,467.96$4,742.13$5,348.37
Cash to close$104,546$67,990$67,990