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$745,328$745,328$756,000
Remaining term (yrs)25.725.730.0
Secondary amount$0$52,672$0
Funding fee$3,727$3,727$0
Note rate5.100%5.100%7.400%
Blended rate5.100%5.547%7.640%
1st payment$4,330.65$4,330.65$5,234.39
2nd payment$0.00$521.23$0.00
Taxes / mo$241.91$241.91$241.91
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$151.20
HOA / mo$61.00$61.00$61.00
Total monthly$4,850.23$5,371.46$5,905.16
Cash to close$94,672$42,000$84,000