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$686,279$686,279$728,999
Remaining term (yrs)27.427.430.0
Secondary amount$0$42,720$0
Funding fee$3,431$3,431$0
Note rate6.640%6.640%7.400%
Blended rate6.640%6.778%7.640%
1st payment$4,530.81$4,530.81$5,047.44
2nd payment$0.00$320.40$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$0.00$0.00$0.00
Total monthly$5,422.47$5,742.88$6,084.91
Cash to close$123,720$81,000$81,000