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$619,311$619,311$898,200
Remaining term (yrs)26.126.130.0
Secondary amount$0$278,889$0
Funding fee$3,097$3,097$0
Note rate6.900%6.900%7.400%
Blended rate6.900%7.164%7.640%
1st payment$4,261.14$4,261.14$6,218.96
2nd payment$0.00$1,801.16$0.00
Taxes / mo$218.08$218.08$218.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$179.64
HOA / mo$0.00$0.00$0.00
Total monthly$4,695.89$6,497.05$6,833.35
Cash to close$378,689$99,800$99,800