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$655,960$655,960$679,500
Remaining term (yrs)28.628.630.0
Secondary amount$0$61,290$0
Funding fee$3,280$3,280$0
Note rate6.500%6.500%7.400%
Blended rate6.500%6.959%7.640%
1st payment$4,205.35$4,205.35$4,704.72
2nd payment$0.00$606.52$0.00
Taxes / mo$629.17$629.17$629.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$135.90
HOA / mo$80.00$80.00$80.00
Total monthly$5,131.18$5,737.70$5,766.45
Cash to close$99,040$37,750$75,500