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$695,787$695,787$737,910
Remaining term (yrs)27.727.730.0
Secondary amount$0$42,123$0
Funding fee$3,479$3,479$0
Note rate7.060%7.060%7.400%
Blended rate7.060%7.171%7.640%
1st payment$4,765.26$4,765.26$5,109.14
2nd payment$0.00$315.93$0.00
Taxes / mo$593.00$593.00$593.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$147.58
HOA / mo$105.00$105.00$105.00
Total monthly$5,679.92$5,995.85$6,171.39
Cash to close$124,113$81,990$81,990