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$574,429$574,429$616,500
Remaining term (yrs)28.228.230.0
Secondary amount$0$42,071$0
Funding fee$2,872$2,872$0
Note rate6.780%6.780%7.400%
Blended rate6.780%6.931%7.640%
1st payment$3,805.97$3,805.97$4,268.52
2nd payment$0.00$315.53$0.00
Taxes / mo$570.83$570.83$570.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$123.30
HOA / mo$0.00$0.00$0.00
Total monthly$4,543.47$4,859.00$5,129.32
Cash to close$110,571$68,500$68,500