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$713,210$713,210$719,999
Remaining term (yrs)27.027.030.0
Secondary amount$0$46,789$0
Funding fee$3,566$3,566$0
Note rate7.080%7.080%7.400%
Blended rate7.080%7.375%7.640%
1st payment$4,932.75$4,932.75$4,985.13
2nd payment$0.00$463.01$0.00
Taxes / mo$666.67$666.67$666.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$144.00
HOA / mo$300.00$300.00$300.00
Total monthly$6,116.08$6,579.09$6,312.46
Cash to close$86,789$40,000$80,000