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$689,062$689,062$742,500
Remaining term (yrs)29.129.130.0
Secondary amount$0$53,438$0
Funding fee$3,445$3,445$0
Note rate6.340%6.340%7.400%
Blended rate6.340%6.531%7.640%
1st payment$4,320.12$4,320.12$5,140.92
2nd payment$0.00$400.78$0.00
Taxes / mo$166.83$166.83$166.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$148.50
HOA / mo$0.00$0.00$0.00
Total monthly$4,703.62$5,104.41$5,672.92
Cash to close$135,938$82,500$82,500