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$589,391$589,391$647,100
Remaining term (yrs)26.426.430.0
Secondary amount$0$57,709$0
Funding fee$2,947$2,947$0
Note rate6.730%6.730%7.320%
Blended rate6.730%6.932%7.560%
1st payment$3,972.74$3,972.74$4,445.13
2nd payment$0.00$432.82$0.00
Taxes / mo$829.67$829.67$829.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$129.42
HOA / mo$433.00$433.00$433.00
Total monthly$5,452.08$5,884.89$6,053.88
Cash to close$129,609$71,900$71,900