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$755,286$755,286$755,100
Remaining term (yrs)28.928.930.0
Secondary amount$0$41,764$0
Funding fee$3,776$3,776$0
Note rate6.500%6.500%7.400%
Blended rate6.500%6.782%7.640%
1st payment$4,827.88$4,827.88$5,228.16
2nd payment$0.00$413.29$0.00
Taxes / mo$699.17$699.17$699.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$151.02
HOA / mo$0.00$0.00$0.00
Total monthly$5,743.71$6,157.01$6,295.01
Cash to close$83,714$41,950$83,900