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$615,577$615,577$719,100
Remaining term (yrs)29.429.430.0
Secondary amount$0$103,523$0
Funding fee$3,078$3,078$0
Note rate6.370%6.370%7.320%
Blended rate6.370%6.605%7.560%
1st payment$3,856.46$3,856.46$4,939.72
2nd payment$0.00$690.15$0.00
Taxes / mo$42.83$42.83$42.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.82
HOA / mo$110.00$110.00$110.00
Total monthly$4,225.96$4,916.11$5,453.04
Cash to close$183,423$79,900$79,900