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$599,303$599,303$692,910
Remaining term (yrs)28.128.130.0
Secondary amount$0$93,607$0
Funding fee$2,997$2,997$0
Note rate6.810%6.810%7.320%
Blended rate6.810%7.106%7.560%
1st payment$3,986.43$3,986.43$4,759.81
2nd payment$0.00$702.05$0.00
Taxes / mo$493.58$493.58$493.58
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$138.58
HOA / mo$0.00$0.00$0.00
Total monthly$4,696.68$5,398.73$5,608.64
Cash to close$170,597$76,990$76,990