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$563,750$563,750$598,500
Remaining term (yrs)27.127.130.0
Secondary amount$0$34,750$0
Funding fee$2,819$2,819$0
Note rate7.620%7.620%7.400%
Blended rate7.620%7.700%7.640%
1st payment$4,096.83$4,096.83$4,143.89
2nd payment$0.00$260.62$0.00
Taxes / mo$554.17$554.17$554.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$119.70
HOA / mo$31.00$31.00$31.00
Total monthly$4,848.67$5,109.29$5,015.43
Cash to close$101,250$66,500$66,500