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$569,116$569,116$585,000
Remaining term (yrs)27.827.830.0
Secondary amount$0$48,384$0
Funding fee$2,846$2,846$0
Note rate7.060%7.060%7.320%
Blended rate7.060%7.437%7.560%
1st payment$3,893.99$3,893.99$4,018.54
2nd payment$0.00$478.80$0.00
Taxes / mo$315.25$315.25$315.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$117.00
HOA / mo$0.00$0.00$0.00
Total monthly$4,375.90$4,854.70$4,617.46
Cash to close$80,884$32,500$65,000