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$516,429$516,429$539,999
Remaining term (yrs)25.925.930.0
Secondary amount$0$53,570$0
Funding fee$2,582$2,582$0
Note rate6.020%6.020%7.240%
Blended rate6.020%6.570%7.480%
1st payment$3,274.54$3,274.54$3,680.08
2nd payment$0.00$530.12$0.00
Taxes / mo$500.00$500.00$500.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$108.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,941.20$4,471.32$4,454.75
Cash to close$83,570$30,000$60,000