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$655,978$655,978$846,000
Remaining term (yrs)29.029.030.0
Secondary amount$0$190,022$0
Funding fee$3,280$3,280$0
Note rate6.260%6.260%7.320%
Blended rate6.260%6.651%7.560%
1st payment$4,082.82$4,082.82$5,811.43
2nd payment$0.00$1,266.82$0.00
Taxes / mo$279.00$279.00$279.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$169.20
HOA / mo$0.00$0.00$0.00
Total monthly$4,578.49$5,845.30$6,476.30
Cash to close$284,022$94,000$94,000