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$513,929$513,929$521,910
Remaining term (yrs)29.729.730.0
Secondary amount$0$36,976$0
Funding fee$2,570$2,570$0
Note rate6.480%6.480%7.400%
Blended rate6.480%6.842%7.640%
1st payment$3,247.53$3,247.53$3,613.60
2nd payment$0.00$365.91$0.00
Taxes / mo$161.08$161.08$161.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$104.38
HOA / mo$0.00$0.00$0.00
Total monthly$3,575.28$3,941.19$4,045.73
Cash to close$65,971$28,995$57,990