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$611,687$611,687$647,100
Remaining term (yrs)26.526.530.0
Secondary amount$0$35,413$0
Funding fee$3,058$3,058$0
Note rate6.120%6.120%7.240%
Blended rate6.120%6.278%7.480%
1st payment$3,886.64$3,886.64$4,409.97
2nd payment$0.00$265.60$0.00
Taxes / mo$599.17$599.17$599.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$129.42
HOA / mo$124.00$124.00$124.00
Total monthly$4,826.47$5,092.07$5,479.23
Cash to close$107,313$71,900$71,900