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$717,960$717,960$720,000
Remaining term (yrs)25.325.330.0
Secondary amount$0$42,040$0
Funding fee$3,590$3,590$0
Note rate2.900%2.900%7.320%
Blended rate2.900%3.396%7.560%
1st payment$3,329.84$3,329.84$4,945.90
2nd payment$0.00$416.03$0.00
Taxes / mo$219.75$219.75$219.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$144.00
HOA / mo$100.00$100.00$100.00
Total monthly$3,866.26$4,282.28$5,626.32
Cash to close$82,040$40,000$80,000