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$599,865$599,865$629,550
Remaining term (yrs)28.128.130.0
Secondary amount$0$29,685$0
Funding fee$2,999$2,999$0
Note rate6.540%6.540%7.400%
Blended rate6.540%6.656%7.640%
1st payment$3,884.66$3,884.66$4,358.88
2nd payment$0.00$222.64$0.00
Taxes / mo$582.92$582.92$582.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.91
HOA / mo$85.00$85.00$85.00
Total monthly$4,719.24$4,941.87$5,319.37
Cash to close$99,635$69,950$69,950