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$693,732$693,732$697,410
Remaining term (yrs)27.827.830.0
Secondary amount$0$42,423$0
Funding fee$3,469$3,469$0
Note rate6.950%6.950%7.400%
Blended rate6.950%7.234%7.640%
1st payment$4,696.40$4,696.40$4,828.73
2nd payment$0.00$419.81$0.00
Taxes / mo$258.92$258.92$258.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$139.48
HOA / mo$0.00$0.00$0.00
Total monthly$5,171.98$5,591.80$5,443.79
Cash to close$81,168$38,745$77,490