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$660,651$660,651$726,750
Remaining term (yrs)29.329.330.0
Secondary amount$0$66,099$0
Funding fee$3,303$3,303$0
Note rate6.150%6.150%7.400%
Blended rate6.150%6.409%7.640%
1st payment$4,052.74$4,052.74$5,031.87
2nd payment$0.00$495.74$0.00
Taxes / mo$527.75$527.75$527.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$145.35
HOA / mo$4.17$4.17$4.17
Total monthly$4,801.32$5,297.07$5,925.81
Cash to close$146,849$80,750$80,750