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$522,297$522,297$620,910
Remaining term (yrs)25.625.630.0
Secondary amount$0$98,613$0
Funding fee$2,611$2,611$0
Note rate5.000%5.000%7.400%
Blended rate5.000%5.635%7.640%
1st payment$3,008.76$3,008.76$4,299.06
2nd payment$0.00$739.60$0.00
Taxes / mo$574.92$574.92$574.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$124.18
HOA / mo$300.00$300.00$300.00
Total monthly$4,050.34$4,789.94$5,464.82
Cash to close$167,603$68,990$68,990