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$511,976$511,976$535,500
Remaining term (yrs)29.029.030.0
Secondary amount$0$53,274$0
Funding fee$2,560$2,560$0
Note rate6.300%6.300%7.400%
Blended rate6.300%6.825%7.640%
1st payment$3,199.78$3,199.78$3,707.69
2nd payment$0.00$527.19$0.00
Taxes / mo$147.67$147.67$147.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.10
HOA / mo$109.00$109.00$109.00
Total monthly$3,623.11$4,150.31$4,238.13
Cash to close$83,024$29,750$59,500