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$613,927$613,927$607,500
Remaining term (yrs)25.825.830.0
Secondary amount$0$27,323$0
Funding fee$3,070$3,070$0
Note rate5.810%5.810%7.240%
Blended rate5.810%6.068%7.480%
1st payment$3,818.56$3,818.56$4,140.10
2nd payment$0.00$270.38$0.00
Taxes / mo$562.50$562.50$562.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$121.50
HOA / mo$0.00$0.00$0.00
Total monthly$4,547.73$4,818.11$4,990.77
Cash to close$61,073$33,750$67,500