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$601,741$601,741$629,100
Remaining term (yrs)25.825.830.0
Secondary amount$0$27,359$0
Funding fee$3,009$3,009$0
Note rate5.520%5.520%7.400%
Blended rate5.520%5.671%7.640%
1st payment$3,641.88$3,641.88$4,355.76
2nd payment$0.00$205.19$0.00
Taxes / mo$582.50$582.50$582.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.82
HOA / mo$0.00$0.00$0.00
Total monthly$4,391.05$4,596.24$5,230.75
Cash to close$97,259$69,900$69,900