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$552,238$552,238$575,910
Remaining term (yrs)27.727.730.0
Secondary amount$0$55,667$0
Funding fee$2,761$2,761$0
Note rate7.020%7.020%7.400%
Blended rate7.020%7.465%7.640%
1st payment$3,767.58$3,767.58$3,987.48
2nd payment$0.00$550.87$0.00
Taxes / mo$539.58$539.58$539.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$115.18
HOA / mo$0.00$0.00$0.00
Total monthly$4,473.83$5,024.70$4,808.92
Cash to close$87,662$31,995$63,990