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$684,481$684,481$674,991
Remaining term (yrs)26.226.230.0
Secondary amount$0$28,009$0
Funding fee$3,422$3,422$0
Note rate6.580%6.580%7.400%
Blended rate6.580%6.788%7.640%
1st payment$4,563.98$4,563.98$4,673.50
2nd payment$0.00$277.18$0.00
Taxes / mo$624.99$624.99$624.99
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$135.00
HOA / mo$0.00$0.00$0.00
Total monthly$5,405.64$5,682.82$5,650.16
Cash to close$65,509$37,500$74,999