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$738,957$738,957$842,400
Remaining term (yrs)25.725.730.0
Secondary amount$0$103,443$0
Funding fee$3,695$3,695$0
Note rate5.300%5.300%7.400%
Blended rate5.300%5.632%7.640%
1st payment$4,381.35$4,381.35$5,832.61
2nd payment$0.00$689.62$0.00
Taxes / mo$780.00$780.00$780.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$168.48
HOA / mo$0.00$0.00$0.00
Total monthly$5,378.02$6,067.64$6,997.75
Cash to close$197,043$93,600$93,600