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$593,716$593,716$593,910
Remaining term (yrs)26.226.230.0
Secondary amount$0$33,189$0
Funding fee$2,969$2,969$0
Note rate6.810%6.810%7.400%
Blended rate6.810%7.078%7.640%
1st payment$4,046.07$4,046.07$4,112.11
2nd payment$0.00$328.43$0.00
Taxes / mo$171.75$171.75$171.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$118.78
HOA / mo$0.00$0.00$0.00
Total monthly$4,384.48$4,712.92$4,569.31
Cash to close$66,184$32,995$65,990