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$621,682$621,682$1,214,100
Remaining term (yrs)27.427.430.0
Secondary amount$0$592,418$0
Funding fee$3,108$3,108$0
Note rate6.640%6.640%7.320%
Blended rate6.640%7.182%7.560%
1st payment$4,104.34$4,104.34$8,340.02
2nd payment$0.00$3,826.03$0.00
Taxes / mo$1,124.17$1,124.17$1,124.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$242.82
HOA / mo$0.00$0.00$0.00
Total monthly$5,445.17$9,271.21$9,923.68
Cash to close$727,318$134,900$134,900