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$631,589$631,589$665,899
Remaining term (yrs)26.526.530.0
Secondary amount$0$34,310$0
Funding fee$3,158$3,158$0
Note rate6.120%6.120%7.400%
Blended rate6.120%6.268%7.640%
1st payment$4,008.10$4,008.10$4,610.55
2nd payment$0.00$257.33$0.00
Taxes / mo$616.57$616.57$616.57
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$133.18
HOA / mo$299.00$299.00$299.00
Total monthly$5,140.34$5,397.66$5,875.97
Cash to close$108,299$73,989$73,989