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$583,831$583,831$584,999
Remaining term (yrs)25.525.530.0
Secondary amount$0$33,668$0
Funding fee$2,919$2,919$0
Note rate4.170%4.170%7.400%
Blended rate4.170%4.590%7.640%
1st payment$3,090.54$3,090.54$4,050.42
2nd payment$0.00$333.18$0.00
Taxes / mo$541.67$541.67$541.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$117.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,798.88$4,132.05$4,875.75
Cash to close$66,168$32,500$65,000