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$708,303$708,303$719,910
Remaining term (yrs)26.826.830.0
Secondary amount$0$51,602$0
Funding fee$3,542$3,542$0
Note rate6.780%6.780%7.400%
Blended rate6.780%7.126%7.640%
1st payment$4,775.87$4,775.87$4,984.51
2nd payment$0.00$510.65$0.00
Taxes / mo$380.17$380.17$380.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.98
HOA / mo$45.00$45.00$45.00
Total monthly$5,417.70$5,928.35$5,770.33
Cash to close$91,597$39,995$79,990