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$652,781$652,781$665,010
Remaining term (yrs)26.226.230.0
Secondary amount$0$49,174$0
Funding fee$3,264$3,264$0
Note rate6.200%6.200%7.400%
Blended rate6.200%6.598%7.640%
1st payment$4,196.10$4,196.10$4,604.39
2nd payment$0.00$486.62$0.00
Taxes / mo$615.75$615.75$615.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$133.00
HOA / mo$380.00$380.00$380.00
Total monthly$5,408.52$5,895.14$5,949.81
Cash to close$86,119$36,945$73,890