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$596,473$596,473$877,500
Remaining term (yrs)29.429.430.0
Secondary amount$0$281,027$0
Funding fee$2,982$2,982$0
Note rate6.150%6.150%7.400%
Blended rate6.150%6.662%7.640%
1st payment$3,655.37$3,655.37$6,075.63
2nd payment$0.00$1,814.97$0.00
Taxes / mo$237.58$237.58$237.58
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$175.50
HOA / mo$0.00$0.00$0.00
Total monthly$4,109.62$5,924.59$6,705.38
Cash to close$378,527$97,500$97,500