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$579,351$579,351$607,500
Remaining term (yrs)27.427.430.0
Secondary amount$0$28,149$0
Funding fee$2,897$2,897$0
Note rate6.900%6.900%7.400%
Blended rate6.900%6.997%7.640%
1st payment$3,918.67$3,918.67$4,206.21
2nd payment$0.00$211.12$0.00
Taxes / mo$177.83$177.83$177.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$121.50
HOA / mo$0.00$0.00$0.00
Total monthly$4,263.17$4,474.29$4,672.21
Cash to close$95,649$67,500$67,500