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$675,772$675,772$696,600
Remaining term (yrs)26.426.430.0
Secondary amount$0$59,528$0
Funding fee$3,379$3,379$0
Note rate6.330%6.330%7.400%
Blended rate6.330%6.779%7.640%
1st payment$4,382.96$4,382.96$4,823.12
2nd payment$0.00$589.08$0.00
Taxes / mo$645.00$645.00$645.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$139.32
HOA / mo$0.00$0.00$0.00
Total monthly$5,244.62$5,833.70$5,824.10
Cash to close$98,228$38,700$77,400