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$689,392$689,392$742,500
Remaining term (yrs)27.927.930.0
Secondary amount$0$53,108$0
Funding fee$3,447$3,447$0
Note rate6.730%6.730%7.400%
Blended rate6.730%6.892%7.640%
1st payment$4,563.25$4,563.25$5,140.92
2nd payment$0.00$398.31$0.00
Taxes / mo$11.14$11.14$11.14
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$148.50
HOA / mo$35.00$35.00$35.00
Total monthly$4,826.05$5,224.36$5,552.22
Cash to close$135,608$82,500$82,500