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$578,493$578,493$612,000
Remaining term (yrs)25.625.630.0
Secondary amount$0$33,507$0
Funding fee$2,892$2,892$0
Note rate4.720%4.720%7.400%
Blended rate4.720%4.954%7.640%
1st payment$3,238.09$3,238.09$4,237.36
2nd payment$0.00$251.30$0.00
Taxes / mo$566.67$566.67$566.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$122.40
HOA / mo$61.67$61.67$61.67
Total monthly$4,033.09$4,284.39$5,154.77
Cash to close$101,507$68,000$68,000