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$575,830$575,830$588,420
Remaining term (yrs)26.626.630.0
Secondary amount$0$45,280$0
Funding fee$2,879$2,879$0
Note rate6.340%6.340%7.400%
Blended rate6.340%6.744%7.640%
1st payment$3,729.43$3,729.43$4,074.10
2nd payment$0.00$448.08$0.00
Taxes / mo$650.92$650.92$650.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$117.68
HOA / mo$100.00$100.00$100.00
Total monthly$4,647.02$5,095.10$5,109.37
Cash to close$77,970$32,690$65,380