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$629,265$629,265$675,000
Remaining term (yrs)26.326.330.0
Secondary amount$0$45,735$0
Funding fee$3,146$3,146$0
Note rate6.310%6.310%7.320%
Blended rate6.310%6.492%7.560%
1st payment$4,083.33$4,083.33$4,636.78
2nd payment$0.00$343.01$0.00
Taxes / mo$625.00$625.00$625.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$135.00
HOA / mo$840.00$840.00$840.00
Total monthly$5,764.99$6,108.01$6,453.45
Cash to close$120,735$75,000$75,000