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$536,706$536,706$607,500
Remaining term (yrs)26.626.630.0
Secondary amount$0$70,794$0
Funding fee$2,684$2,684$0
Note rate6.430%6.430%7.320%
Blended rate6.430%6.729%7.560%
1st payment$3,506.64$3,506.64$4,173.10
2nd payment$0.00$530.96$0.00
Taxes / mo$136.17$136.17$136.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$121.50
HOA / mo$0.00$0.00$0.00
Total monthly$3,809.48$4,340.43$4,597.44
Cash to close$138,294$67,500$67,500