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$720,095$720,095$809,910
Remaining term (yrs)25.825.830.0
Secondary amount$0$89,815$0
Funding fee$3,600$3,600$0
Note rate4.750%4.750%7.400%
Blended rate4.750%5.221%7.640%
1st payment$4,029.93$4,029.93$5,607.65
2nd payment$0.00$673.61$0.00
Taxes / mo$295.42$295.42$295.42
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$4,567.02$5,240.63$6,306.72
Cash to close$179,805$89,990$89,990