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$685,120$685,120$945,000
Remaining term (yrs)26.426.430.0
Secondary amount$0$259,880$0
Funding fee$3,426$3,426$0
Note rate6.090%6.090%7.320%
Blended rate6.090%6.547%7.560%
1st payment$4,345.87$4,345.87$6,491.49
2nd payment$0.00$1,678.39$0.00
Taxes / mo$529.33$529.33$529.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$189.00
HOA / mo$105.00$105.00$105.00
Total monthly$5,196.87$6,875.26$7,531.49
Cash to close$364,880$105,000$105,000