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$632,107$632,107$756,000
Remaining term (yrs)26.226.230.0
Secondary amount$0$123,893$0
Funding fee$3,161$3,161$0
Note rate6.200%6.200%7.320%
Blended rate6.200%6.495%7.560%
1st payment$4,063.21$4,063.21$5,193.20
2nd payment$0.00$825.96$0.00
Taxes / mo$618.83$618.83$618.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$151.20
HOA / mo$96.00$96.00$96.00
Total monthly$4,994.71$5,820.67$6,275.90
Cash to close$207,893$84,000$84,000