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$677,541$677,541$670,491
Remaining term (yrs)29.229.230.0
Secondary amount$0$30,199$0
Funding fee$3,388$3,388$0
Note rate6.220%6.220%7.400%
Blended rate6.220%6.461%7.640%
1st payment$4,191.11$4,191.11$4,642.34
2nd payment$0.00$298.85$0.00
Taxes / mo$298.17$298.17$298.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$134.10
HOA / mo$86.67$86.67$86.67
Total monthly$4,792.61$5,091.46$5,377.95
Cash to close$67,449$37,250$74,499