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$708,905$708,905$774,000
Remaining term (yrs)27.827.830.0
Secondary amount$0$65,095$0
Funding fee$3,545$3,545$0
Note rate6.950%6.950%7.400%
Blended rate6.950%7.122%7.640%
1st payment$4,799.12$4,799.12$5,359.02
2nd payment$0.00$488.21$0.00
Taxes / mo$433.33$433.33$433.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$154.80
HOA / mo$0.00$0.00$0.00
Total monthly$5,449.12$5,937.33$6,163.82
Cash to close$151,095$86,000$86,000