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$615,680$615,680$832,500
Remaining term (yrs)25.625.630.0
Secondary amount$0$216,820$0
Funding fee$3,078$3,078$0
Note rate4.480%4.480%7.320%
Blended rate4.480%5.332%7.560%
1st payment$3,361.31$3,361.31$5,718.70
2nd payment$0.00$1,400.30$0.00
Taxes / mo$770.83$770.83$770.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$166.50
HOA / mo$99.00$99.00$99.00
Total monthly$4,447.81$5,848.10$6,971.70
Cash to close$309,320$92,500$92,500