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$693,162$693,162$719,100
Remaining term (yrs)29.029.030.0
Secondary amount$0$25,938$0
Funding fee$3,466$3,466$0
Note rate6.220%6.220%7.320%
Blended rate6.220%6.320%7.560%
1st payment$4,296.37$4,296.37$4,939.72
2nd payment$0.00$194.54$0.00
Taxes / mo$564.83$564.83$564.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.82
HOA / mo$110.33$110.33$110.33
Total monthly$5,188.20$5,382.74$5,975.37
Cash to close$105,838$79,900$79,900