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$575,540$575,540$661,500
Remaining term (yrs)28.728.730.0
Secondary amount$0$85,960$0
Funding fee$2,878$2,878$0
Note rate6.720%6.720%7.320%
Blended rate6.720%7.016%7.560%
1st payment$3,768.87$3,768.87$4,544.05
2nd payment$0.00$644.70$0.00
Taxes / mo$164.00$164.00$164.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$132.30
HOA / mo$0.00$0.00$0.00
Total monthly$4,149.53$4,794.24$5,057.01
Cash to close$159,460$73,500$73,500