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$667,166$667,166$693,000
Remaining term (yrs)26.626.630.0
Secondary amount$0$25,834$0
Funding fee$3,336$3,336$0
Note rate6.270%6.270%7.320%
Blended rate6.270%6.372%7.560%
1st payment$4,291.50$4,291.50$4,760.43
2nd payment$0.00$193.75$0.00
Taxes / mo$259.92$259.92$259.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$138.60
HOA / mo$14.17$14.17$14.17
Total monthly$4,782.25$4,976.01$5,389.78
Cash to close$102,834$77,000$77,000