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$513,084$513,084$517,500
Remaining term (yrs)27.227.230.0
Secondary amount$0$33,166$0
Funding fee$2,565$2,565$0
Note rate7.030%7.030%7.400%
Blended rate7.030%7.324%7.640%
1st payment$3,524.67$3,524.67$3,583.07
2nd payment$0.00$328.20$0.00
Taxes / mo$480.83$480.83$480.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.50
HOA / mo$200.00$200.00$200.00
Total monthly$4,372.17$4,700.37$4,534.07
Cash to close$61,916$28,750$57,500