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$546,431$546,431$584,999
Remaining term (yrs)26.226.230.0
Secondary amount$0$38,569$0
Funding fee$2,732$2,732$0
Note rate6.950%6.950%7.320%
Blended rate6.950%7.085%7.560%
1st payment$3,773.10$3,773.10$4,018.54
2nd payment$0.00$289.26$0.00
Taxes / mo$541.67$541.67$541.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$117.00
HOA / mo$690.00$690.00$690.00
Total monthly$5,171.44$5,460.70$5,533.87
Cash to close$103,568$65,000$65,000