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$710,860$710,860$719,910
Remaining term (yrs)25.725.730.0
Secondary amount$0$49,045$0
Funding fee$3,554$3,554$0
Note rate5.300%5.300%7.400%
Blended rate5.300%5.724%7.640%
1st payment$4,214.76$4,214.76$4,984.51
2nd payment$0.00$485.34$0.00
Taxes / mo$666.58$666.58$666.58
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.98
HOA / mo$0.00$0.00$0.00
Total monthly$5,098.01$5,583.35$6,011.74
Cash to close$89,040$39,995$79,990