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$608,456$608,456$719,910
Remaining term (yrs)28.528.530.0
Secondary amount$0$111,454$0
Funding fee$3,042$3,042$0
Note rate6.650%6.650%7.400%
Blended rate6.650%6.859%7.640%
1st payment$3,964.13$3,964.13$4,984.51
2nd payment$0.00$743.03$0.00
Taxes / mo$143.33$143.33$143.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.98
HOA / mo$0.00$0.00$0.00
Total monthly$4,324.12$5,067.15$5,488.49
Cash to close$191,444$79,990$79,990