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$694,428$694,428$697,500
Remaining term (yrs)25.625.630.0
Secondary amount$0$41,822$0
Funding fee$3,472$3,472$0
Note rate4.480%4.480%7.320%
Blended rate4.480%4.900%7.560%
1st payment$3,791.23$3,791.23$4,791.34
2nd payment$0.00$413.87$0.00
Taxes / mo$645.83$645.83$645.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$139.50
HOA / mo$0.00$0.00$0.00
Total monthly$4,653.73$5,067.60$5,793.34
Cash to close$80,572$38,750$77,500