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$583,002$583,002$607,500
Remaining term (yrs)26.326.330.0
Secondary amount$0$58,248$0
Funding fee$2,915$2,915$0
Note rate6.420%6.420%7.400%
Blended rate6.420%6.916%7.640%
1st payment$3,823.58$3,823.58$4,206.21
2nd payment$0.00$576.41$0.00
Taxes / mo$206.00$206.00$206.00
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$4,196.24$4,772.66$4,700.37
Cash to close$91,998$33,750$67,500