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$628,857$628,857$682,650
Remaining term (yrs)28.028.030.0
Secondary amount$0$53,793$0
Funding fee$3,144$3,144$0
Note rate6.080%6.080%7.400%
Blended rate6.080%6.310%7.640%
1st payment$3,891.27$3,891.27$4,726.53
2nd payment$0.00$403.45$0.00
Taxes / mo$632.08$632.08$632.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$136.53
HOA / mo$0.00$0.00$0.00
Total monthly$4,740.02$5,143.46$5,711.81
Cash to close$129,643$75,850$75,850