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$660,383$660,383$675,000
Remaining term (yrs)23.323.330.0
Secondary amount$0$52,117$0
Funding fee$3,302$3,302$0
Note rate6.310%6.310%7.400%
Blended rate6.310%6.717%7.640%
1st payment$4,504.33$4,504.33$4,673.56
2nd payment$0.00$515.74$0.00
Taxes / mo$625.00$625.00$625.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$135.00
HOA / mo$0.00$0.00$0.00
Total monthly$5,346.00$5,861.74$5,650.23
Cash to close$89,617$37,500$75,000