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$685,186$685,186$679,500
Remaining term (yrs)29.229.230.0
Secondary amount$0$32,064$0
Funding fee$3,426$3,426$0
Note rate6.240%6.240%7.400%
Blended rate6.240%6.492%7.640%
1st payment$4,247.25$4,247.25$4,704.72
2nd payment$0.00$317.30$0.00
Taxes / mo$629.17$629.17$629.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$135.90
HOA / mo$79.00$79.00$79.00
Total monthly$5,172.08$5,489.38$5,765.45
Cash to close$69,814$37,750$75,500