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$630,824$630,824$629,100
Remaining term (yrs)29.029.030.0
Secondary amount$0$33,226$0
Funding fee$3,154$3,154$0
Note rate6.350%6.350%7.400%
Blended rate6.350%6.626%7.640%
1st payment$3,962.99$3,962.99$4,355.76
2nd payment$0.00$328.80$0.00
Taxes / mo$582.50$582.50$582.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.82
HOA / mo$381.00$381.00$381.00
Total monthly$5,093.15$5,421.95$5,611.75
Cash to close$68,176$34,950$69,900