Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

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$599,369$599,369$603,000
Remaining term (yrs)27.027.030.0
Secondary amount$0$37,131$0
Funding fee$2,997$2,997$0
Note rate7.500%7.500%7.400%
Blended rate7.500%7.755%7.640%
1st payment$4,311.68$4,311.68$4,175.05
2nd payment$0.00$367.44$0.00
Taxes / mo$558.33$558.33$558.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$120.60
HOA / mo$369.00$369.00$369.00
Total monthly$5,405.68$5,773.12$5,389.65
Cash to close$70,631$33,500$67,000