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$683,963$683,963$809,910
Remaining term (yrs)28.928.930.0
Secondary amount$0$125,947$0
Funding fee$3,420$3,420$0
Note rate6.500%6.500%7.400%
Blended rate6.500%6.733%7.640%
1st payment$4,367.74$4,367.74$5,607.65
2nd payment$0.00$839.65$0.00
Taxes / mo$432.33$432.33$432.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$161.98
HOA / mo$175.00$175.00$175.00
Total monthly$5,191.74$6,031.39$6,593.64
Cash to close$215,937$89,990$89,990