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$728,337$728,337$809,910
Remaining term (yrs)25.825.830.0
Secondary amount$0$81,573$0
Funding fee$3,642$3,642$0
Note rate5.780%5.780%7.320%
Blended rate5.780%6.104%7.560%
1st payment$4,523.07$4,523.07$5,563.52
2nd payment$0.00$611.80$0.00
Taxes / mo$295.44$295.44$295.44
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$161.98
HOA / mo$25.00$25.00$25.00
Total monthly$5,060.17$5,671.97$6,262.60
Cash to close$171,563$89,990$89,990