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$693,768$693,768$727,200
Remaining term (yrs)25.425.430.0
Secondary amount$0$33,432$0
Funding fee$3,469$3,469$0
Note rate3.210%3.210%7.400%
Blended rate3.210%3.476%7.640%
1st payment$3,323.20$3,323.20$5,034.99
2nd payment$0.00$250.74$0.00
Taxes / mo$673.33$673.33$673.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$145.44
HOA / mo$227.00$227.00$227.00
Total monthly$4,440.20$4,690.94$6,297.43
Cash to close$114,232$80,800$80,800