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$545,094$545,094$585,000
Remaining term (yrs)28.928.930.0
Secondary amount$0$39,906$0
Funding fee$2,725$2,725$0
Note rate6.720%6.720%7.400%
Blended rate6.720%6.876%7.640%
1st payment$3,562.79$3,562.79$4,050.42
2nd payment$0.00$299.30$0.00
Taxes / mo$738.75$738.75$738.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$117.00
HOA / mo$127.00$127.00$127.00
Total monthly$4,595.21$4,894.51$5,199.84
Cash to close$104,906$65,000$65,000