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$534,600$534,600$571,500
Remaining term (yrs)29.129.130.0
Secondary amount$0$36,900$0
Funding fee$2,673$2,673$0
Note rate6.270%6.270%7.320%
Blended rate6.270%6.446%7.560%
1st payment$3,327.49$3,327.49$3,925.81
2nd payment$0.00$276.75$0.00
Taxes / mo$313.75$313.75$313.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$114.30
HOA / mo$0.00$0.00$0.00
Total monthly$3,807.91$4,084.65$4,520.53
Cash to close$100,400$63,500$63,500