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$569,463$569,463$652,499
Remaining term (yrs)27.927.930.0
Secondary amount$0$83,036$0
Funding fee$2,847$2,847$0
Note rate6.850%6.850%7.400%
Blended rate6.850%7.124%7.640%
1st payment$3,814.03$3,814.03$4,517.77
2nd payment$0.00$622.77$0.00
Taxes / mo$230.11$230.11$230.11
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$130.50
HOA / mo$0.00$0.00$0.00
Total monthly$4,260.81$4,883.58$5,095.05
Cash to close$155,536$72,500$72,500