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$713,916$713,916$809,100
Remaining term (yrs)25.525.530.0
Secondary amount$0$95,184$0
Funding fee$3,570$3,570$0
Note rate4.720%4.720%7.400%
Blended rate4.720%5.224%7.640%
1st payment$4,002.77$4,002.77$5,602.04
2nd payment$0.00$713.88$0.00
Taxes / mo$175.33$175.33$175.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$161.82
HOA / mo$37.92$37.92$37.92
Total monthly$4,432.69$5,146.57$6,193.78
Cash to close$185,084$89,900$89,900