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$596,887$596,887$629,999
Remaining term (yrs)28.228.230.0
Secondary amount$0$33,112$0
Funding fee$2,984$2,984$0
Note rate6.790%6.790%7.320%
Blended rate6.790%6.906%7.560%
1st payment$3,958.68$3,958.68$4,327.66
2nd payment$0.00$248.34$0.00
Taxes / mo$81.08$81.08$81.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$126.00
HOA / mo$101.67$101.67$101.67
Total monthly$4,308.10$4,556.44$4,803.08
Cash to close$103,112$70,000$70,000