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$647,465$647,465$679,500
Remaining term (yrs)25.425.430.0
Secondary amount$0$32,035$0
Funding fee$3,237$3,237$0
Note rate3.850%3.850%7.400%
Blended rate3.850%4.093%7.640%
1st payment$3,318.58$3,318.58$4,704.72
2nd payment$0.00$240.26$0.00
Taxes / mo$195.08$195.08$195.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$135.90
HOA / mo$88.00$88.00$88.00
Total monthly$3,818.33$4,058.59$5,340.37
Cash to close$107,535$75,500$75,500