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$528,313$528,313$684,000
Remaining term (yrs)28.428.430.0
Secondary amount$0$155,687$0
Funding fee$2,642$2,642$0
Note rate7.040%7.040%7.400%
Blended rate7.040%7.259%7.640%
1st payment$3,584.25$3,584.25$4,735.88
2nd payment$0.00$1,037.91$0.00
Taxes / mo$557.28$557.28$557.28
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$136.80
HOA / mo$25.00$25.00$25.00
Total monthly$4,383.19$5,421.11$5,671.62
Cash to close$231,687$76,000$76,000