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$519,112$519,112$581,400
Remaining term (yrs)26.726.730.0
Secondary amount$0$62,288$0
Funding fee$2,596$2,596$0
Note rate6.790%6.790%7.320%
Blended rate6.790%7.027%7.560%
1st payment$3,507.39$3,507.39$3,993.81
2nd payment$0.00$467.16$0.00
Taxes / mo$878.25$878.25$878.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$116.28
HOA / mo$113.00$113.00$113.00
Total monthly$4,665.31$5,132.47$5,268.01
Cash to close$126,888$64,600$64,600