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$646,153$646,153$661,410
Remaining term (yrs)29.629.630.0
Secondary amount$0$52,002$0
Funding fee$3,231$3,231$0
Note rate6.230%6.230%7.320%
Blended rate6.230%6.650%7.560%
1st payment$3,981.51$3,981.51$4,543.43
2nd payment$0.00$514.61$0.00
Taxes / mo$73.67$73.67$73.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$132.28
HOA / mo$20.83$20.83$20.83
Total monthly$4,292.67$4,807.28$4,986.87
Cash to close$88,747$36,745$73,490