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$638,211$638,211$733,500
Remaining term (yrs)28.028.030.0
Secondary amount$0$95,289$0
Funding fee$3,191$3,191$0
Note rate6.120%6.120%7.320%
Blended rate6.120%6.494%7.560%
1st payment$3,965.35$3,965.35$5,038.64
2nd payment$0.00$714.67$0.00
Taxes / mo$715.08$715.08$715.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$146.70
HOA / mo$200.00$200.00$200.00
Total monthly$5,097.10$5,811.77$6,317.09
Cash to close$176,789$81,500$81,500