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$641,724$641,724$652,500
Remaining term (yrs)28.728.730.0
Secondary amount$0$47,026$0
Funding fee$3,209$3,209$0
Note rate6.810%6.810%7.320%
Blended rate6.810%7.156%7.560%
1st payment$4,240.26$4,240.26$4,482.22
2nd payment$0.00$465.36$0.00
Taxes / mo$667.17$667.17$667.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$130.50
HOA / mo$9.42$9.42$9.42
Total monthly$5,133.51$5,598.87$5,505.98
Cash to close$83,276$36,250$72,500