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$565,549$565,549$607,500
Remaining term (yrs)26.526.530.0
Secondary amount$0$41,951$0
Funding fee$2,828$2,828$0
Note rate6.600%6.600%7.240%
Blended rate6.600%6.766%7.480%
1st payment$3,764.98$3,764.98$4,140.10
2nd payment$0.00$314.63$0.00
Taxes / mo$166.67$166.67$166.67
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$4,098.31$4,412.94$4,594.93
Cash to close$109,451$67,500$67,500