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$666,119$666,119$674,100
Remaining term (yrs)28.928.930.0
Secondary amount$0$45,431$0
Funding fee$3,331$3,331$0
Note rate6.740%6.740%7.320%
Blended rate6.740%7.068%7.560%
1st payment$4,362.59$4,362.59$4,630.60
2nd payment$0.00$449.57$0.00
Taxes / mo$320.83$320.83$320.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$134.82
HOA / mo$0.00$0.00$0.00
Total monthly$4,900.09$5,349.67$5,302.92
Cash to close$82,881$37,450$74,900