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$575,647$575,647$764,910
Remaining term (yrs)29.029.030.0
Secondary amount$0$189,263$0
Funding fee$2,878$2,878$0
Note rate6.300%6.300%7.320%
Blended rate6.300%6.721%7.560%
1st payment$3,597.72$3,597.72$5,254.40
2nd payment$0.00$1,261.75$0.00
Taxes / mo$545.62$545.62$545.62
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$152.98
HOA / mo$0.00$0.00$0.00
Total monthly$4,360.00$5,621.76$6,169.67
Cash to close$274,253$84,990$84,990