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$703,200$703,200$787,050
Remaining term (yrs)27.927.930.0
Secondary amount$0$83,850$0
Funding fee$3,516$3,516$0
Note rate6.200%6.200%7.400%
Blended rate6.200%6.498%7.640%
1st payment$4,409.78$4,409.78$5,449.38
2nd payment$0.00$628.87$0.00
Taxes / mo$386.42$386.42$386.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$157.41
HOA / mo$0.00$0.00$0.00
Total monthly$5,012.86$5,641.73$6,209.87
Cash to close$171,300$87,450$87,450