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$616,873$616,873$688,500
Remaining term (yrs)26.426.430.0
Secondary amount$0$71,627$0
Funding fee$3,084$3,084$0
Note rate6.500%6.500%7.400%
Blended rate6.500%6.760%7.640%
1st payment$4,067.36$4,067.36$4,767.03
2nd payment$0.00$537.20$0.00
Taxes / mo$314.69$314.69$314.69
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$137.70
HOA / mo$0.00$0.00$0.00
Total monthly$4,598.71$5,135.91$5,436.09
Cash to close$148,127$76,500$76,500