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$687,164$687,164$728,100
Remaining term (yrs)28.928.930.0
Secondary amount$0$40,936$0
Funding fee$3,436$3,436$0
Note rate6.560%6.560%7.320%
Blended rate6.560%6.697%7.560%
1st payment$4,415.09$4,415.09$5,001.54
2nd payment$0.00$307.02$0.00
Taxes / mo$202.83$202.83$202.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$145.62
HOA / mo$0.00$0.00$0.00
Total monthly$4,834.59$5,141.62$5,566.66
Cash to close$121,836$80,900$80,900