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$712,178$712,178$782,100
Remaining term (yrs)28.028.030.0
Secondary amount$0$69,922$0
Funding fee$3,561$3,561$0
Note rate6.500%6.500%7.400%
Blended rate6.500%6.724%7.640%
1st payment$4,598.29$4,598.29$5,415.10
2nd payment$0.00$524.42$0.00
Taxes / mo$724.17$724.17$724.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$156.42
HOA / mo$0.00$0.00$0.00
Total monthly$5,539.13$6,063.54$6,512.36
Cash to close$156,822$86,900$86,900