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$546,508$546,508$621,000
Remaining term (yrs)28.928.930.0
Secondary amount$0$74,492$0
Funding fee$2,733$2,733$0
Note rate6.260%6.260%7.400%
Blended rate6.260%6.589%7.640%
1st payment$3,404.91$3,404.91$4,299.68
2nd payment$0.00$558.69$0.00
Taxes / mo$147.42$147.42$147.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$124.20
HOA / mo$0.00$0.00$0.00
Total monthly$3,718.99$4,277.68$4,737.96
Cash to close$143,492$69,000$69,000