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$660,762$660,762$841,500
Remaining term (yrs)28.928.930.0
Secondary amount$0$180,738$0
Funding fee$3,304$3,304$0
Note rate6.300%6.300%7.400%
Blended rate6.300%6.665%7.640%
1st payment$4,133.81$4,133.81$5,826.38
2nd payment$0.00$1,204.92$0.00
Taxes / mo$364.50$364.50$364.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$168.30
HOA / mo$34.67$34.67$34.67
Total monthly$4,749.65$5,954.56$6,610.51
Cash to close$274,238$93,500$93,500