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$612,529$612,529$630,000
Remaining term (yrs)27.227.230.0
Secondary amount$0$52,471$0
Funding fee$3,063$3,063$0
Note rate7.440%7.440%7.400%
Blended rate7.440%7.790%7.640%
1st payment$4,373.64$4,373.64$4,361.99
2nd payment$0.00$519.24$0.00
Taxes / mo$583.33$583.33$583.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$126.00
HOA / mo$0.00$0.00$0.00
Total monthly$5,123.64$5,642.88$5,237.99
Cash to close$87,471$35,000$70,000