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$709,937$709,937$719,100
Remaining term (yrs)24.424.430.0
Secondary amount$0$49,113$0
Funding fee$3,550$3,550$0
Note rate2.850%2.850%7.400%
Blended rate2.850%3.434%7.640%
1st payment$3,350.01$3,350.01$4,978.90
2nd payment$0.00$486.02$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$270.00$270.00$270.00
Total monthly$4,502.51$4,988.52$6,275.22
Cash to close$89,063$39,950$79,900