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$672,546$672,546$670,500
Remaining term (yrs)25.325.330.0
Secondary amount$0$35,204$0
Funding fee$3,363$3,363$0
Note rate4.000%4.000%7.320%
Blended rate4.000%4.392%7.560%
1st payment$3,509.47$3,509.47$4,605.87
2nd payment$0.00$348.37$0.00
Taxes / mo$380.83$380.83$380.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$134.10
HOA / mo$62.00$62.00$62.00
Total monthly$4,168.96$4,517.33$5,399.46
Cash to close$72,454$37,250$74,500