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$664,994$664,994$656,910
Remaining term (yrs)27.427.430.0
Secondary amount$0$28,411$0
Funding fee$3,325$3,325$0
Note rate6.690%6.690%7.400%
Blended rate6.690%6.902%7.640%
1st payment$4,411.78$4,411.78$4,548.31
2nd payment$0.00$281.15$0.00
Taxes / mo$402.67$402.67$402.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$131.38
HOA / mo$0.00$0.00$0.00
Total monthly$5,031.11$5,312.26$5,299.03
Cash to close$64,906$36,495$72,990