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$614,560$614,560$675,000
Remaining term (yrs)25.925.930.0
Secondary amount$0$60,440$0
Funding fee$3,073$3,073$0
Note rate4.820%4.820%7.320%
Blended rate4.820%5.194%7.560%
1st payment$3,453.21$3,453.21$4,636.78
2nd payment$0.00$453.30$0.00
Taxes / mo$281.18$281.18$281.18
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$135.00
HOA / mo$105.00$105.00$105.00
Total monthly$4,056.05$4,509.35$5,374.63
Cash to close$135,440$75,000$75,000