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$529,697$529,697$575,910
Remaining term (yrs)27.927.930.0
Secondary amount$0$46,213$0
Funding fee$2,648$2,648$0
Note rate6.350%6.350%7.400%
Blended rate6.350%6.563%7.640%
1st payment$3,372.52$3,372.52$3,987.48
2nd payment$0.00$346.60$0.00
Taxes / mo$447.17$447.17$447.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$115.18
HOA / mo$80.00$80.00$80.00
Total monthly$4,066.35$4,412.95$4,796.50
Cash to close$110,203$63,990$63,990