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$656,884$656,884$729,000
Remaining term (yrs)27.927.930.0
Secondary amount$0$72,116$0
Funding fee$3,284$3,284$0
Note rate6.490%6.490%7.400%
Blended rate6.490%6.738%7.640%
1st payment$4,241.46$4,241.46$5,047.45
2nd payment$0.00$540.87$0.00
Taxes / mo$675.00$675.00$675.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$145.80
HOA / mo$76.00$76.00$76.00
Total monthly$5,209.12$5,749.99$6,160.92
Cash to close$153,116$81,000$81,000