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$629,699$629,699$639,000
Remaining term (yrs)28.428.430.0
Secondary amount$0$44,801$0
Funding fee$3,148$3,148$0
Note rate6.630%6.630%7.400%
Blended rate6.630%6.978%7.640%
1st payment$4,102.35$4,102.35$4,424.31
2nd payment$0.00$443.34$0.00
Taxes / mo$362.00$362.00$362.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$127.80
HOA / mo$22.50$22.50$22.50
Total monthly$4,703.52$5,146.86$5,153.27
Cash to close$80,301$35,500$71,000