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$659,606$659,606$715,500
Remaining term (yrs)29.129.130.0
Secondary amount$0$55,894$0
Funding fee$3,298$3,298$0
Note rate4.750%4.750%7.400%
Blended rate4.750%5.082%7.640%
1st payment$3,480.86$3,480.86$4,953.98
2nd payment$0.00$419.20$0.00
Taxes / mo$336.33$336.33$336.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.10
HOA / mo$0.00$0.00$0.00
Total monthly$4,033.86$4,453.07$5,650.08
Cash to close$135,394$79,500$79,500