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$601,778$601,778$706,500
Remaining term (yrs)28.328.330.0
Secondary amount$0$104,722$0
Funding fee$3,009$3,009$0
Note rate6.910%6.910%7.320%
Blended rate6.910%7.072%7.560%
1st payment$4,034.73$4,034.73$4,853.16
2nd payment$0.00$698.14$0.00
Taxes / mo$182.17$182.17$182.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$141.30
HOA / mo$29.17$29.17$29.17
Total monthly$4,462.73$5,160.87$5,422.47
Cash to close$183,222$78,500$78,500