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$692,962$692,962$864,000
Remaining term (yrs)21.921.930.0
Secondary amount$0$171,038$0
Funding fee$3,465$3,465$0
Note rate4.510%4.510%7.400%
Blended rate4.510%5.201%7.640%
1st payment$4,134.33$4,134.33$5,982.16
2nd payment$0.00$1,140.25$0.00
Taxes / mo$800.00$800.00$800.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$172.80
HOA / mo$166.00$166.00$166.00
Total monthly$5,317.00$6,457.25$7,337.63
Cash to close$267,038$96,000$96,000