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$615,482$615,482$674,910
Remaining term (yrs)26.126.130.0
Secondary amount$0$59,428$0
Funding fee$3,077$3,077$0
Note rate6.900%6.900%7.320%
Blended rate6.900%7.085%7.560%
1st payment$4,234.80$4,234.80$4,636.16
2nd payment$0.00$445.71$0.00
Taxes / mo$537.67$537.67$537.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$134.98
HOA / mo$58.00$58.00$58.00
Total monthly$5,047.13$5,492.84$5,583.48
Cash to close$134,418$74,990$74,990