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$722,313$722,313$832,500
Remaining term (yrs)29.029.030.0
Secondary amount$0$110,187$0
Funding fee$3,612$3,612$0
Note rate6.300%6.300%7.400%
Blended rate6.300%6.525%7.640%
1st payment$4,514.36$4,514.36$5,764.06
2nd payment$0.00$734.58$0.00
Taxes / mo$501.67$501.67$501.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$166.50
HOA / mo$135.00$135.00$135.00
Total monthly$5,367.69$6,102.27$6,783.90
Cash to close$202,687$92,500$92,500