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$719,415$719,415$764,100
Remaining term (yrs)25.425.430.0
Secondary amount$0$44,685$0
Funding fee$3,597$3,597$0
Note rate3.510%3.510%7.400%
Blended rate3.510%3.831%7.640%
1st payment$3,554.11$3,554.11$5,290.47
2nd payment$0.00$335.13$0.00
Taxes / mo$279.17$279.17$279.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$152.82
HOA / mo$166.67$166.67$166.67
Total monthly$4,216.62$4,551.75$6,105.80
Cash to close$129,585$84,900$84,900