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$684,412$684,412$674,910
Remaining term (yrs)28.128.130.0
Secondary amount$0$27,993$0
Funding fee$3,422$3,422$0
Note rate6.720%6.720%7.320%
Blended rate6.720%6.923%7.560%
1st payment$4,512.27$4,512.27$4,636.16
2nd payment$0.00$277.02$0.00
Taxes / mo$487.00$487.00$487.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$134.98
HOA / mo$3.17$3.17$3.17
Total monthly$5,219.11$5,496.12$5,477.98
Cash to close$65,488$37,495$74,990