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$709,970$709,970$764,100
Remaining term (yrs)29.529.530.0
Secondary amount$0$54,130$0
Funding fee$3,550$3,550$0
Note rate6.110%6.110%7.400%
Blended rate6.110%6.315%7.640%
1st payment$4,323.95$4,323.95$5,290.47
2nd payment$0.00$405.98$0.00
Taxes / mo$707.50$707.50$707.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$152.82
HOA / mo$680.00$680.00$680.00
Total monthly$5,928.12$6,334.10$7,047.46
Cash to close$139,030$84,900$84,900