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$608,642$608,642$719,910
Remaining term (yrs)28.528.530.0
Secondary amount$0$111,268$0
Funding fee$3,043$3,043$0
Note rate6.760%6.760%7.400%
Blended rate6.760%6.952%7.640%
1st payment$4,009.20$4,009.20$4,984.51
2nd payment$0.00$741.79$0.00
Taxes / mo$143.33$143.33$143.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.98
HOA / mo$0.00$0.00$0.00
Total monthly$4,369.20$5,110.99$5,488.49
Cash to close$191,258$79,990$79,990