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$689,678$689,678$742,500
Remaining term (yrs)27.427.430.0
Secondary amount$0$52,822$0
Funding fee$3,448$3,448$0
Note rate6.640%6.640%7.400%
Blended rate6.640%6.808%7.640%
1st payment$4,553.25$4,553.25$5,140.92
2nd payment$0.00$396.16$0.00
Taxes / mo$612.55$612.55$612.55
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$148.50
HOA / mo$0.00$0.00$0.00
Total monthly$5,382.47$5,778.63$6,118.64
Cash to close$135,322$82,500$82,500