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$687,203$687,203$690,210
Remaining term (yrs)29.729.730.0
Secondary amount$0$41,352$0
Funding fee$3,436$3,436$0
Note rate6.300%6.300%7.400%
Blended rate6.300%6.616%7.640%
1st payment$4,261.63$4,261.63$4,778.87
2nd payment$0.00$409.22$0.00
Taxes / mo$639.08$639.08$639.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$138.04
HOA / mo$0.00$0.00$0.00
Total monthly$5,117.38$5,526.59$5,772.67
Cash to close$79,697$38,345$76,690