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$640,737$640,737$692,910
Remaining term (yrs)28.928.930.0
Secondary amount$0$52,173$0
Funding fee$3,204$3,204$0
Note rate6.340%6.340%7.400%
Blended rate6.340%6.540%7.640%
1st payment$4,025.11$4,025.11$4,797.57
2nd payment$0.00$391.29$0.00
Taxes / mo$664.25$664.25$664.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$138.58
HOA / mo$20.00$20.00$20.00
Total monthly$4,926.02$5,317.32$5,837.07
Cash to close$129,163$76,990$76,990