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$682,574$682,574$853,200
Remaining term (yrs)25.925.930.0
Secondary amount$0$170,626$0
Funding fee$3,413$3,413$0
Note rate5.510%5.510%7.400%
Blended rate5.510%6.008%7.640%
1st payment$4,121.02$4,121.02$5,907.38
2nd payment$0.00$1,137.50$0.00
Taxes / mo$918.17$918.17$918.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$170.64
HOA / mo$183.33$183.33$183.33
Total monthly$5,439.18$6,576.69$7,396.19
Cash to close$265,426$94,800$94,800