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$584,579$584,579$585,000
Remaining term (yrs)28.428.430.0
Secondary amount$0$32,921$0
Funding fee$2,923$2,923$0
Note rate6.620%6.620%7.400%
Blended rate6.620%6.900%7.640%
1st payment$3,800.84$3,800.84$4,050.42
2nd payment$0.00$325.78$0.00
Taxes / mo$313.00$313.00$313.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$117.00
HOA / mo$0.00$0.00$0.00
Total monthly$4,280.51$4,606.29$4,647.09
Cash to close$65,421$32,500$65,000