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$681,074$681,074$855,000
Remaining term (yrs)27.427.430.0
Secondary amount$0$173,926$0
Funding fee$3,405$3,405$0
Note rate6.950%6.950%7.400%
Blended rate6.950%7.164%7.640%
1st payment$4,633.64$4,633.64$5,919.85
2nd payment$0.00$1,159.51$0.00
Taxes / mo$791.67$791.67$791.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$171.00
HOA / mo$260.00$260.00$260.00
Total monthly$5,901.97$7,061.48$7,359.18
Cash to close$268,926$95,000$95,000