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$689,106$689,106$681,199
Remaining term (yrs)26.926.930.0
Secondary amount$0$29,938$0
Funding fee$3,446$3,446$0
Note rate6.960%6.960%7.400%
Blended rate6.960%7.165%7.640%
1st payment$4,721.82$4,721.82$4,716.49
2nd payment$0.00$296.26$0.00
Taxes / mo$1,088.50$1,088.50$1,088.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$136.24
HOA / mo$180.33$180.33$180.33
Total monthly$6,207.31$6,503.57$6,338.22
Cash to close$67,782$37,844$75,689