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$583,719$583,719$719,100
Remaining term (yrs)25.925.930.0
Secondary amount$0$135,381$0
Funding fee$2,919$2,919$0
Note rate5.510%5.510%7.400%
Blended rate5.510%5.979%7.640%
1st payment$3,524.18$3,524.18$4,978.90
2nd payment$0.00$902.54$0.00
Taxes / mo$665.83$665.83$665.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.82
HOA / mo$0.00$0.00$0.00
Total monthly$4,406.68$5,309.22$6,005.22
Cash to close$215,281$79,900$79,900