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$626,466$626,466$683,100
Remaining term (yrs)24.624.630.0
Secondary amount$0$56,634$0
Funding fee$3,132$3,132$0
Note rate3.180%3.180%7.400%
Blended rate3.180%3.663%7.640%
1st payment$3,049.81$3,049.81$4,729.65
2nd payment$0.00$424.75$0.00
Taxes / mo$632.50$632.50$632.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$136.62
HOA / mo$0.00$0.00$0.00
Total monthly$3,898.98$4,323.73$5,715.43
Cash to close$132,534$75,900$75,900