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$628,763$628,763$764,100
Remaining term (yrs)26.326.330.0
Secondary amount$0$135,337$0
Funding fee$3,144$3,144$0
Note rate6.420%6.420%7.400%
Blended rate6.420%6.700%7.640%
1st payment$4,123.70$4,123.70$5,290.47
2nd payment$0.00$902.25$0.00
Taxes / mo$405.92$405.92$405.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$152.82
HOA / mo$175.00$175.00$175.00
Total monthly$4,921.28$5,823.53$6,240.88
Cash to close$220,237$84,900$84,900