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$457,616$457,616$657,000
Remaining term (yrs)29.629.630.0
Secondary amount$0$199,384$0
Funding fee$2,288$2,288$0
Note rate6.110%6.110%7.320%
Blended rate6.110%6.684%7.560%
1st payment$2,784.27$2,784.27$4,513.13
2nd payment$0.00$1,329.23$0.00
Taxes / mo$1,636.67$1,636.67$1,636.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$131.40
HOA / mo$47.33$47.33$47.33
Total monthly$4,684.93$6,014.16$6,545.20
Cash to close$272,384$73,000$73,000