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$540,824$540,824$719,999
Remaining term (yrs)29.129.130.0
Secondary amount$0$179,175$0
Funding fee$2,704$2,704$0
Note rate6.340%6.340%7.400%
Blended rate6.340%6.753%7.640%
1st payment$3,390.73$3,390.73$4,985.13
2nd payment$0.00$1,194.50$0.00
Taxes / mo$666.67$666.67$666.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$144.00
HOA / mo$320.00$320.00$320.00
Total monthly$4,594.07$5,788.57$6,332.46
Cash to close$259,175$80,000$80,000