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$650,547$650,547$764,910
Remaining term (yrs)29.329.330.0
Secondary amount$0$114,363$0
Funding fee$3,253$3,253$0
Note rate6.210%6.210%7.320%
Blended rate6.210%6.478%7.560%
1st payment$4,015.92$4,015.92$5,254.40
2nd payment$0.00$762.42$0.00
Taxes / mo$708.25$708.25$708.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$152.98
HOA / mo$77.00$77.00$77.00
Total monthly$5,017.84$5,780.26$6,409.30
Cash to close$199,353$84,990$84,990