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$600,465$600,465$602,100
Remaining term (yrs)27.227.230.0
Secondary amount$0$35,085$0
Funding fee$3,002$3,002$0
Note rate7.220%7.220%7.400%
Blended rate7.220%7.477%7.640%
1st payment$4,199.94$4,199.94$4,168.82
2nd payment$0.00$347.20$0.00
Taxes / mo$557.50$557.50$557.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$120.42
HOA / mo$0.00$0.00$0.00
Total monthly$4,924.11$5,271.31$5,013.41
Cash to close$68,535$33,450$66,900