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$623,700$623,700$666,000
Remaining term (yrs)27.727.730.0
Secondary amount$0$42,300$0
Funding fee$3,118$3,118$0
Note rate7.170%7.170%7.400%
Blended rate7.170%7.286%7.640%
1st payment$4,316.87$4,316.87$4,611.25
2nd payment$0.00$317.25$0.00
Taxes / mo$616.67$616.67$616.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$133.20
HOA / mo$0.00$0.00$0.00
Total monthly$5,150.21$5,467.46$5,577.78
Cash to close$116,300$74,000$74,000