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$577,308$577,308$584,910
Remaining term (yrs)27.927.930.0
Secondary amount$0$40,097$0
Funding fee$2,887$2,887$0
Note rate6.730%6.730%7.320%
Blended rate6.730%7.064%7.560%
1st payment$3,821.34$3,821.34$4,017.93
2nd payment$0.00$396.79$0.00
Taxes / mo$664.25$664.25$664.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$116.98
HOA / mo$108.33$108.33$108.33
Total monthly$4,760.59$5,157.38$5,074.15
Cash to close$72,592$32,495$64,990