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$702,767$702,767$782,999
Remaining term (yrs)27.827.830.0
Secondary amount$0$80,232$0
Funding fee$3,514$3,514$0
Note rate6.870%6.870%7.320%
Blended rate6.870%7.088%7.560%
1st payment$4,720.71$4,720.71$5,378.66
2nd payment$0.00$601.74$0.00
Taxes / mo$725.00$725.00$725.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$156.60
HOA / mo$227.00$227.00$227.00
Total monthly$5,889.37$6,491.11$6,703.93
Cash to close$167,232$87,000$87,000