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$647,193$647,193$719,010
Remaining term (yrs)25.925.930.0
Secondary amount$0$71,817$0
Funding fee$3,236$3,236$0
Note rate4.820%4.820%7.400%
Blended rate4.820%5.238%7.640%
1st payment$3,636.57$3,636.57$4,978.28
2nd payment$0.00$538.63$0.00
Taxes / mo$665.75$665.75$665.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.80
HOA / mo$86.00$86.00$86.00
Total monthly$4,604.98$5,143.61$6,090.50
Cash to close$151,707$79,890$79,890