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$595,628$595,628$706,500
Remaining term (yrs)26.926.930.0
Secondary amount$0$110,872$0
Funding fee$2,978$2,978$0
Note rate7.070%7.070%7.320%
Blended rate7.070%7.216%7.560%
1st payment$4,119.81$4,119.81$4,853.16
2nd payment$0.00$739.15$0.00
Taxes / mo$654.17$654.17$654.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$141.30
HOA / mo$0.00$0.00$0.00
Total monthly$4,990.64$5,729.79$5,865.30
Cash to close$189,372$78,500$78,500