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$621,764$621,764$647,100
Remaining term (yrs)25.925.930.0
Secondary amount$0$25,336$0
Funding fee$3,109$3,109$0
Note rate5.300%5.300%7.320%
Blended rate5.300%5.445%7.560%
1st payment$3,675.46$3,675.46$4,445.13
2nd payment$0.00$190.02$0.00
Taxes / mo$599.17$599.17$599.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$129.42
HOA / mo$0.00$0.00$0.00
Total monthly$4,491.29$4,681.31$5,390.38
Cash to close$97,236$71,900$71,900