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$643,650$643,650$1,439,999
Remaining term (yrs)29.029.030.0
Secondary amount$0$796,349$0
Funding fee$3,218$3,218$0
Note rate6.220%6.220%7.320%
Blended rate6.220%7.066%7.560%
1st payment$3,989.49$3,989.49$9,891.79
2nd payment$0.00$5,143.09$0.00
Taxes / mo$199.42$199.42$199.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$288.00
HOA / mo$132.00$132.00$132.00
Total monthly$4,537.57$9,680.66$10,727.88
Cash to close$956,349$160,000$160,000