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
Current Market Conventional
New · Conventional
Loan amount$695,957$674,999
Remaining term (yrs)28.030.0
Secondary amount$0$0
Funding fee$3,480$0
Note rate6.200%7.400%
Blended rate6.200%7.640%
1st payment$4,359.57$4,673.56
2nd payment$0.00$0.00
Taxes / mo$625.00$625.00
Insurance / mo$216.67$216.67
MI / mo$0.00$135.00
HOA / mo$0.00$0.00
Total monthly$5,201.23$5,650.22
Cash to close$54,042$75,000