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$686,592$686,592$684,000
Remaining term (yrs)27.527.530.0
Secondary amount$0$35,408$0
Funding fee$3,433$3,433$0
Note rate6.880%6.880%7.320%
Blended rate6.880%7.125%7.560%
1st payment$4,630.38$4,630.38$4,698.61
2nd payment$0.00$350.39$0.00
Taxes / mo$116.08$116.08$116.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$136.80
HOA / mo$75.00$75.00$75.00
Total monthly$5,038.13$5,388.53$5,243.16
Cash to close$73,408$38,000$76,000