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$518,208$518,208$593,100
Remaining term (yrs)27.927.930.0
Secondary amount$0$74,892$0
Funding fee$2,591$2,591$0
Note rate6.490%6.490%7.400%
Blended rate6.490%6.807%7.640%
1st payment$3,346.03$3,346.03$4,106.50
2nd payment$0.00$561.69$0.00
Taxes / mo$165.58$165.58$165.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$118.62
HOA / mo$0.00$0.00$0.00
Total monthly$3,678.28$4,239.98$4,557.37
Cash to close$140,792$65,900$65,900