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$715,652$715,652$719,910
Remaining term (yrs)26.326.330.0
Secondary amount$0$44,253$0
Funding fee$3,578$3,578$0
Note rate6.330%6.330%7.400%
Blended rate6.330%6.653%7.640%
1st payment$4,652.91$4,652.91$4,984.51
2nd payment$0.00$437.92$0.00
Taxes / mo$515.25$515.25$515.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.98
HOA / mo$8.33$8.33$8.33
Total monthly$5,393.15$5,831.07$5,868.74
Cash to close$84,248$39,995$79,990