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$614,084$614,084$616,500
Remaining term (yrs)26.026.030.0
Secondary amount$0$36,666$0
Funding fee$3,070$3,070$0
Note rate6.020%6.020%7.400%
Blended rate6.020%6.350%7.640%
1st payment$3,888.62$3,888.62$4,268.52
2nd payment$0.00$362.84$0.00
Taxes / mo$73.92$73.92$73.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$123.30
HOA / mo$229.00$229.00$229.00
Total monthly$4,358.20$4,721.04$4,861.40
Cash to close$70,916$34,250$68,500