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$618,299$618,299$765,000
Remaining term (yrs)27.427.430.0
Secondary amount$0$146,701$0
Funding fee$3,091$3,091$0
Note rate6.900%6.900%7.400%
Blended rate6.900%7.111%7.640%
1st payment$4,182.11$4,182.11$5,296.71
2nd payment$0.00$978.01$0.00
Taxes / mo$846.70$846.70$846.70
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$153.00
HOA / mo$0.00$0.00$0.00
Total monthly$5,245.48$6,223.49$6,513.08
Cash to close$231,701$85,000$85,000