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$687,319$687,319$683,100
Remaining term (yrs)26.726.730.0
Secondary amount$0$33,731$0
Funding fee$3,437$3,437$0
Note rate6.390%6.390%7.400%
Blended rate6.390%6.647%7.640%
1st payment$4,468.00$4,468.00$4,729.65
2nd payment$0.00$333.80$0.00
Taxes / mo$632.50$632.50$632.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$136.62
HOA / mo$0.00$0.00$0.00
Total monthly$5,317.17$5,650.96$5,715.43
Cash to close$71,681$37,950$75,900