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$639,221$639,221$639,000
Remaining term (yrs)27.927.930.0
Secondary amount$0$35,279$0
Funding fee$3,196$3,196$0
Note rate6.780%6.780%7.320%
Blended rate6.780%7.046%7.560%
1st payment$4,251.99$4,251.99$4,389.49
2nd payment$0.00$349.12$0.00
Taxes / mo$176.75$176.75$176.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$127.80
HOA / mo$0.00$0.00$0.00
Total monthly$4,645.41$4,994.53$4,910.70
Cash to close$70,779$35,500$71,000