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$584,353$584,353$607,500
Remaining term (yrs)27.527.530.0
Secondary amount$0$56,897$0
Funding fee$2,922$2,922$0
Note rate6.740%6.740%7.320%
Blended rate6.740%7.196%7.560%
1st payment$3,887.60$3,887.60$4,173.10
2nd payment$0.00$563.04$0.00
Taxes / mo$324.50$324.50$324.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$121.50
HOA / mo$69.00$69.00$69.00
Total monthly$4,447.77$5,010.81$4,854.77
Cash to close$90,647$33,750$67,500