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$561,967$561,967$602,910
Remaining term (yrs)26.426.430.0
Secondary amount$0$40,943$0
Funding fee$2,810$2,810$0
Note rate6.090%6.090%7.400%
Blended rate6.090%6.288%7.640%
1st payment$3,560.19$3,560.19$4,174.43
2nd payment$0.00$307.07$0.00
Taxes / mo$558.25$558.25$558.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$120.58
HOA / mo$0.00$0.00$0.00
Total monthly$4,285.11$4,592.18$5,019.93
Cash to close$107,933$66,990$66,990