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$621,664$621,664$616,500
Remaining term (yrs)27.327.330.0
Secondary amount$0$29,086$0
Funding fee$3,108$3,108$0
Note rate6.620%6.620%7.320%
Blended rate6.620%6.855%7.560%
1st payment$4,100.60$4,100.60$4,234.93
2nd payment$0.00$287.83$0.00
Taxes / mo$733.42$733.42$733.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$123.30
HOA / mo$115.00$115.00$115.00
Total monthly$5,115.68$5,403.51$5,373.31
Cash to close$63,336$34,250$68,500