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$674,887$674,887$715,500
Remaining term (yrs)28.728.730.0
Secondary amount$0$40,613$0
Funding fee$3,374$3,374$0
Note rate6.770%6.770%7.400%
Blended rate6.770%6.897%7.640%
1st payment$4,441.61$4,441.61$4,953.98
2nd payment$0.00$304.60$0.00
Taxes / mo$14.98$14.98$14.98
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.10
HOA / mo$0.00$0.00$0.00
Total monthly$4,673.26$4,977.86$5,328.73
Cash to close$120,113$79,500$79,500