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$667,856$667,856$683,910
Remaining term (yrs)29.429.430.0
Secondary amount$0$54,049$0
Funding fee$3,339$3,339$0
Note rate6.370%6.370%7.320%
Blended rate6.370%6.782%7.560%
1st payment$4,183.97$4,183.97$4,697.99
2nd payment$0.00$534.86$0.00
Taxes / mo$633.25$633.25$633.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$136.78
HOA / mo$316.67$316.67$316.67
Total monthly$5,350.56$5,885.42$6,001.36
Cash to close$92,044$37,995$75,990