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$582,670$582,670$607,410
Remaining term (yrs)28.428.430.0
Secondary amount$0$58,485$0
Funding fee$2,913$2,913$0
Note rate6.960%6.960%7.320%
Blended rate6.960%7.408%7.560%
1st payment$3,922.17$3,922.17$4,172.49
2nd payment$0.00$578.76$0.00
Taxes / mo$229.00$229.00$229.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$121.48
HOA / mo$40.00$40.00$40.00
Total monthly$4,357.84$4,936.60$4,729.63
Cash to close$92,230$33,745$67,490