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$600,965$600,965$652,500
Remaining term (yrs)25.625.630.0
Secondary amount$0$51,535$0
Funding fee$3,005$3,005$0
Note rate4.670%4.670%7.400%
Blended rate4.670%5.012%7.640%
1st payment$3,346.51$3,346.51$4,517.78
2nd payment$0.00$386.51$0.00
Taxes / mo$917.92$917.92$917.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$130.50
HOA / mo$0.00$0.00$0.00
Total monthly$4,481.10$4,867.61$5,782.87
Cash to close$124,035$72,500$72,500