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$645,974$645,974$674,910
Remaining term (yrs)28.928.930.0
Secondary amount$0$28,936$0
Funding fee$3,230$3,230$0
Note rate6.560%6.560%7.400%
Blended rate6.560%6.665%7.640%
1st payment$4,150.44$4,150.44$4,672.94
2nd payment$0.00$217.02$0.00
Taxes / mo$624.92$624.92$624.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$134.98
HOA / mo$263.00$263.00$263.00
Total monthly$5,255.03$5,472.05$5,912.51
Cash to close$103,926$74,990$74,990