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$699,859$699,859$719,999
Remaining term (yrs)26.126.130.0
Secondary amount$0$60,140$0
Funding fee$3,499$3,499$0
Note rate6.940%6.940%7.400%
Blended rate6.940%7.331%7.640%
1st payment$4,833.40$4,833.40$4,985.13
2nd payment$0.00$595.13$0.00
Taxes / mo$598.17$598.17$598.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$144.00
HOA / mo$75.00$75.00$75.00
Total monthly$5,723.23$6,318.36$6,018.96
Cash to close$100,140$40,000$80,000