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$532,097$532,097$558,000
Remaining term (yrs)29.229.230.0
Secondary amount$0$25,903$0
Funding fee$2,660$2,660$0
Note rate6.240%6.240%7.400%
Blended rate6.240%6.368%7.640%
1st payment$3,298.30$3,298.30$3,863.48
2nd payment$0.00$194.28$0.00
Taxes / mo$516.67$516.67$516.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$111.60
HOA / mo$16.67$16.67$16.67
Total monthly$3,998.30$4,192.58$4,675.08
Cash to close$87,903$62,000$62,000