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$561,495$561,495$602,910
Remaining term (yrs)28.128.130.0
Secondary amount$0$41,415$0
Funding fee$2,807$2,807$0
Note rate6.600%6.600%7.400%
Blended rate6.600%6.765%7.640%
1st payment$3,658.02$3,658.02$4,174.43
2nd payment$0.00$310.62$0.00
Taxes / mo$225.08$225.08$225.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$120.58
HOA / mo$41.67$41.67$41.67
Total monthly$4,091.44$4,402.06$4,728.43
Cash to close$108,405$66,990$66,990