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$605,810$605,810$786,600
Remaining term (yrs)25.725.730.0
Secondary amount$0$180,790$0
Funding fee$3,029$3,029$0
Note rate5.250%5.250%7.400%
Blended rate5.250%5.882%7.640%
1st payment$3,573.86$3,573.86$5,446.26
2nd payment$0.00$1,205.27$0.00
Taxes / mo$728.33$728.33$728.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$157.32
HOA / mo$0.00$0.00$0.00
Total monthly$4,518.86$5,724.13$6,548.58
Cash to close$268,190$87,400$87,400