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$618,068$618,068$749,476
Remaining term (yrs)25.725.730.0
Secondary amount$0$131,408$0
Funding fee$3,090$3,090$0
Note rate4.750%4.750%7.400%
Blended rate4.750%5.320%7.640%
1st payment$3,464.63$3,464.63$5,189.22
2nd payment$0.00$876.05$0.00
Taxes / mo$693.96$693.96$693.96
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$149.90
HOA / mo$0.00$0.00$0.00
Total monthly$4,375.25$5,251.30$6,249.74
Cash to close$214,683$83,275$83,275