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$714,516$714,516$719,910
Remaining term (yrs)25.125.130.0
Secondary amount$0$45,389$0
Funding fee$3,573$3,573$0
Note rate2.880%2.880%7.400%
Blended rate2.880%3.417%7.640%
1st payment$3,321.28$3,321.28$4,984.51
2nd payment$0.00$449.17$0.00
Taxes / mo$666.58$666.58$666.58
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.98
HOA / mo$84.00$84.00$84.00
Total monthly$4,288.53$4,737.69$6,095.74
Cash to close$85,384$39,995$79,990