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$4,484$4,484$612,000
Remaining term (yrs)25.125.130.0
Secondary amount$0$607,516$0
Funding fee$22$22$0
Note rate5.700%5.700%7.400%
Blended rate5.700%7.735%7.640%
1st payment$27.95$27.95$4,237.36
2nd payment$0.00$3,923.54$0.00
Taxes / mo$111.17$111.17$111.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$122.40
HOA / mo$110.00$110.00$110.00
Total monthly$415.78$4,339.32$4,747.60
Cash to close$675,516$68,000$68,000