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$697,771$697,771$743,067
Remaining term (yrs)26.726.730.0
Secondary amount$0$45,296$0
Funding fee$3,489$3,489$0
Note rate6.570%6.570%7.400%
Blended rate6.570%6.718%7.640%
1st payment$4,615.92$4,615.92$5,144.85
2nd payment$0.00$339.72$0.00
Taxes / mo$289.00$289.00$289.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$148.61
HOA / mo$0.00$0.00$0.00
Total monthly$5,121.59$5,461.31$5,799.13
Cash to close$127,859$82,563$82,563