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$634,724$634,724$665,100
Remaining term (yrs)25.925.930.0
Secondary amount$0$30,376$0
Funding fee$3,174$3,174$0
Note rate5.810%5.810%7.400%
Blended rate5.810%5.956%7.640%
1st payment$3,947.92$3,947.92$4,605.02
2nd payment$0.00$227.82$0.00
Taxes / mo$615.83$615.83$615.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$133.02
HOA / mo$164.00$164.00$164.00
Total monthly$4,944.42$5,172.24$5,734.54
Cash to close$104,276$73,900$73,900