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$522,322$522,322$668,700
Remaining term (yrs)28.928.930.0
Secondary amount$0$146,378$0
Funding fee$2,612$2,612$0
Note rate6.260%6.260%7.320%
Blended rate6.260%6.641%7.560%
1st payment$3,257.52$3,257.52$4,593.51
2nd payment$0.00$975.86$0.00
Taxes / mo$619.17$619.17$619.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$133.74
HOA / mo$0.00$0.00$0.00
Total monthly$4,093.36$5,069.21$5,563.08
Cash to close$220,678$74,300$74,300