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$773,520$773,520$759,330
Remaining term (yrs)26.326.330.0
Secondary amount$0$27,995$0
Funding fee$3,868$3,868$0
Note rate5.700%5.700%7.320%
Blended rate5.700%5.916%7.560%
1st payment$4,720.16$4,720.16$5,216.07
2nd payment$0.00$277.03$0.00
Taxes / mo$573.17$573.17$573.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$151.87
HOA / mo$47.67$47.67$47.67
Total monthly$5,557.67$5,834.70$6,205.44
Cash to close$70,180$42,185$84,370