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$704,602$704,602$755,910
Remaining term (yrs)29.029.030.0
Secondary amount$0$51,308$0
Funding fee$3,523$3,523$0
Note rate6.260%6.260%7.400%
Blended rate6.260%6.446%7.640%
1st payment$4,385.46$4,385.46$5,233.77
2nd payment$0.00$384.81$0.00
Taxes / mo$146.67$146.67$146.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$151.18
HOA / mo$0.00$0.00$0.00
Total monthly$4,748.79$5,133.60$5,748.28
Cash to close$135,298$83,990$83,990