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$668,742$668,742$899,100
Remaining term (yrs)28.928.930.0
Secondary amount$0$230,358$0
Funding fee$3,344$3,344$0
Note rate6.740%6.740%7.400%
Blended rate6.740%6.999%7.640%
1st payment$4,375.72$4,375.72$6,225.19
2nd payment$0.00$1,487.73$0.00
Taxes / mo$832.50$832.50$832.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$179.82
HOA / mo$0.00$0.00$0.00
Total monthly$5,424.88$6,912.61$7,454.17
Cash to close$330,258$99,900$99,900