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$636,077$636,077$656,100
Remaining term (yrs)26.526.530.0
Secondary amount$0$56,473$0
Funding fee$3,180$3,180$0
Note rate6.540%6.540%7.400%
Blended rate6.540%6.975%7.640%
1st payment$4,205.27$4,205.27$4,542.70
2nd payment$0.00$558.85$0.00
Taxes / mo$607.50$607.50$607.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$131.22
HOA / mo$274.00$274.00$274.00
Total monthly$5,303.44$5,862.29$5,772.09
Cash to close$92,923$36,450$72,900