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$598,477$598,477$692,910
Remaining term (yrs)28.128.130.0
Secondary amount$0$94,433$0
Funding fee$2,992$2,992$0
Note rate6.440%6.440%7.320%
Blended rate6.440%6.789%7.560%
1st payment$3,836.98$3,836.98$4,759.81
2nd payment$0.00$708.25$0.00
Taxes / mo$493.57$493.57$493.57
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$4,547.22$5,255.47$5,608.63
Cash to close$171,423$76,990$76,990