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$627,620$627,620$809,100
Remaining term (yrs)28.928.930.0
Secondary amount$0$181,480$0
Funding fee$3,138$3,138$0
Note rate6.580%6.580%7.400%
Blended rate6.580%6.899%7.640%
1st payment$4,040.73$4,040.73$5,602.04
2nd payment$0.00$1,209.87$0.00
Taxes / mo$749.17$749.17$749.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$161.82
HOA / mo$320.00$320.00$320.00
Total monthly$5,326.56$6,536.43$7,049.70
Cash to close$271,380$89,900$89,900