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$537,786$537,786$647,910
Remaining term (yrs)29.229.230.0
Secondary amount$0$110,124$0
Funding fee$2,689$2,689$0
Note rate6.220%6.220%7.400%
Blended rate6.220%6.523%7.640%
1st payment$3,326.62$3,326.62$4,486.00
2nd payment$0.00$734.16$0.00
Taxes / mo$2.08$2.08$2.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$129.58
HOA / mo$41.67$41.67$41.67
Total monthly$3,587.04$4,321.20$4,876.00
Cash to close$182,114$71,990$71,990