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$555,353$555,353$576,000
Remaining term (yrs)27.527.530.0
Secondary amount$0$52,647$0
Funding fee$2,777$2,777$0
Note rate6.820%6.820%7.400%
Blended rate6.820%7.258%7.640%
1st payment$3,723.57$3,723.57$3,988.11
2nd payment$0.00$520.99$0.00
Taxes / mo$152.67$152.67$152.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$115.20
HOA / mo$0.00$0.00$0.00
Total monthly$4,042.90$4,563.89$4,422.64
Cash to close$84,647$32,000$64,000