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$545,037$545,037$602,100
Remaining term (yrs)26.326.330.0
Secondary amount$0$57,063$0
Funding fee$2,725$2,725$0
Note rate6.480%6.480%7.240%
Blended rate6.480%6.719%7.480%
1st payment$3,595.29$3,595.29$4,103.30
2nd payment$0.00$427.97$0.00
Taxes / mo$557.50$557.50$557.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$120.42
HOA / mo$236.00$236.00$236.00
Total monthly$4,555.46$4,983.43$5,183.89
Cash to close$123,963$66,900$66,900