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$531,172$531,172$584,100
Remaining term (yrs)25.625.630.0
Secondary amount$0$52,928$0
Funding fee$2,656$2,656$0
Note rate5.000%5.000%7.320%
Blended rate5.000%5.362%7.560%
1st payment$3,059.88$3,059.88$4,012.36
2nd payment$0.00$396.96$0.00
Taxes / mo$11.17$11.17$11.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$116.82
HOA / mo$64.58$64.58$64.58
Total monthly$3,302.30$3,699.26$4,371.60
Cash to close$117,828$64,900$64,900