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$594,434$594,434$674,910
Remaining term (yrs)25.625.630.0
Secondary amount$0$80,476$0
Funding fee$2,972$2,972$0
Note rate4.420%4.420%7.400%
Blended rate4.420%4.966%7.640%
1st payment$3,224.98$3,224.98$4,672.94
2nd payment$0.00$603.57$0.00
Taxes / mo$624.92$624.92$624.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$134.98
HOA / mo$0.00$0.00$0.00
Total monthly$4,066.57$4,670.13$5,649.51
Cash to close$155,466$74,990$74,990