Dan Frey Home Loans
Call Dan

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$702,918$702,918$780,750
Remaining term (yrs)27.827.830.0
Secondary amount$0$77,832$0
Funding fee$3,515$3,515$0
Note rate6.920%6.920%7.320%
Blended rate6.920%7.127%7.560%
1st payment$4,744.75$4,744.75$5,363.21
2nd payment$0.00$583.74$0.00
Taxes / mo$722.92$722.92$722.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$156.15
HOA / mo$220.00$220.00$220.00
Total monthly$5,904.33$6,488.07$6,678.94
Cash to close$164,582$86,750$86,750