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$610,599$610,599$805,500
Remaining term (yrs)25.625.630.0
Secondary amount$0$194,901$0
Funding fee$3,053$3,053$0
Note rate4.870%4.870%7.320%
Blended rate4.870%5.627%7.560%
1st payment$3,470.99$3,470.99$5,533.23
2nd payment$0.00$1,299.34$0.00
Taxes / mo$283.33$283.33$283.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$161.10
HOA / mo$0.00$0.00$0.00
Total monthly$3,970.99$5,270.33$6,194.33
Cash to close$284,401$89,500$89,500