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$583,218$583,218$684,000
Remaining term (yrs)26.526.530.0
Secondary amount$0$100,782$0
Funding fee$2,916$2,916$0
Note rate6.540%6.540%7.400%
Blended rate6.540%6.755%7.640%
1st payment$3,855.81$3,855.81$4,735.88
2nd payment$0.00$671.88$0.00
Taxes / mo$6.25$6.25$6.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$136.80
HOA / mo$0.00$0.00$0.00
Total monthly$4,078.72$4,750.61$5,095.59
Cash to close$176,782$76,000$76,000