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$584,230$584,230$693,000
Remaining term (yrs)27.927.930.0
Secondary amount$0$108,770$0
Funding fee$2,921$2,921$0
Note rate6.350%6.350%7.400%
Blended rate6.350%6.609%7.640%
1st payment$3,719.73$3,719.73$4,798.19
2nd payment$0.00$725.13$0.00
Taxes / mo$641.67$641.67$641.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$138.60
HOA / mo$0.00$0.00$0.00
Total monthly$4,578.06$5,303.19$5,795.13
Cash to close$185,770$77,000$77,000