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$637,759$637,759$843,300
Remaining term (yrs)25.725.730.0
Secondary amount$0$205,541$0
Funding fee$3,189$3,189$0
Note rate5.100%5.100%7.400%
Blended rate5.100%5.746%7.640%
1st payment$3,705.63$3,705.63$5,838.84
2nd payment$0.00$1,327.45$0.00
Taxes / mo$780.83$780.83$780.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$168.66
HOA / mo$0.00$0.00$0.00
Total monthly$4,703.13$6,030.59$7,005.00
Cash to close$299,241$93,700$93,700