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$661,371$661,371$688,499
Remaining term (yrs)27.927.930.0
Secondary amount$0$27,128$0
Funding fee$3,307$3,307$0
Note rate6.870%6.870%7.320%
Blended rate6.870%6.954%7.560%
1st payment$4,438.26$4,438.26$4,729.51
2nd payment$0.00$203.46$0.00
Taxes / mo$637.50$637.50$637.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$137.70
HOA / mo$264.00$264.00$264.00
Total monthly$5,556.42$5,759.88$5,985.38
Cash to close$103,628$76,500$76,500