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$627,966$627,966$760,500
Remaining term (yrs)29.229.230.0
Secondary amount$0$132,534$0
Funding fee$3,140$3,140$0
Note rate6.190%6.190%7.320%
Blended rate6.190%6.505%7.560%
1st payment$3,872.30$3,872.30$5,224.11
2nd payment$0.00$883.56$0.00
Taxes / mo$704.17$704.17$704.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$152.10
HOA / mo$0.00$0.00$0.00
Total monthly$4,793.14$5,676.69$6,297.04
Cash to close$217,034$84,500$84,500