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$676,601$676,601$746,100
Remaining term (yrs)27.727.730.0
Secondary amount$0$69,499$0
Funding fee$3,383$3,383$0
Note rate7.030%7.030%7.320%
Blended rate7.030%7.214%7.560%
1st payment$4,620.49$4,620.49$5,125.19
2nd payment$0.00$521.24$0.00
Taxes / mo$1,125.33$1,125.33$1,125.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$149.22
HOA / mo$188.33$188.33$188.33
Total monthly$6,150.82$6,672.06$6,804.74
Cash to close$152,399$82,900$82,900