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$531,224$531,224$606,600
Remaining term (yrs)27.427.430.0
Secondary amount$0$75,376$0
Funding fee$2,656$2,656$0
Note rate6.690%6.690%7.320%
Blended rate6.690%6.977%7.560%
1st payment$3,520.60$3,520.60$4,166.92
2nd payment$0.00$565.32$0.00
Taxes / mo$769.75$769.75$769.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$121.32
HOA / mo$91.67$91.67$91.67
Total monthly$4,548.68$5,114.00$5,316.33
Cash to close$142,776$67,400$67,400