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$560,072$560,072$584,910
Remaining term (yrs)26.826.830.0
Secondary amount$0$57,333$0
Funding fee$2,800$2,800$0
Note rate6.900%6.900%7.320%
Blended rate6.900%7.362%7.560%
1st payment$3,819.88$3,819.88$4,017.93
2nd payment$0.00$567.36$0.00
Taxes / mo$349.00$349.00$349.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$116.98
HOA / mo$0.00$0.00$0.00
Total monthly$4,335.55$4,902.91$4,650.57
Cash to close$89,828$32,495$64,990