Dan Frey Home Loans
Call Dan

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$683,736$683,736$688,500
Remaining term (yrs)29.429.430.0
Secondary amount$0$43,014$0
Funding fee$3,419$3,419$0
Note rate6.500%6.500%7.320%
Blended rate6.500%6.818%7.560%
1st payment$4,341.52$4,341.52$4,729.52
2nd payment$0.00$425.65$0.00
Taxes / mo$251.83$251.83$251.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$137.70
HOA / mo$133.00$133.00$133.00
Total monthly$4,943.02$5,368.67$5,468.72
Cash to close$81,264$38,250$76,500