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$694,572$694,572$719,100
Remaining term (yrs)25.525.530.0
Secondary amount$0$64,478$0
Funding fee$3,473$3,473$0
Note rate3.750%3.750%7.320%
Blended rate3.750%4.440%7.560%
1st payment$3,515.10$3,515.10$4,939.72
2nd payment$0.00$638.07$0.00
Taxes / mo$665.83$665.83$665.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.82
HOA / mo$0.00$0.00$0.00
Total monthly$4,397.60$5,035.67$5,966.04
Cash to close$104,428$39,950$79,900