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$629,661$629,661$832,500
Remaining term (yrs)27.927.930.0
Secondary amount$0$202,839$0
Funding fee$3,148$3,148$0
Note rate6.490%6.490%7.320%
Blended rate6.490%6.797%7.560%
1st payment$4,065.68$4,065.68$5,718.70
2nd payment$0.00$1,310.00$0.00
Taxes / mo$317.03$317.03$317.03
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$166.50
HOA / mo$16.67$16.67$16.67
Total monthly$4,616.04$5,926.04$6,435.56
Cash to close$295,339$92,500$92,500