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$719,176$719,176$751,500
Remaining term (yrs)29.029.030.0
Secondary amount$0$32,324$0
Funding fee$3,596$3,596$0
Note rate6.170%6.170%7.400%
Blended rate6.170%6.292%7.640%
1st payment$4,434.47$4,434.47$5,203.23
2nd payment$0.00$242.43$0.00
Taxes / mo$805.80$805.80$805.80
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$150.30
HOA / mo$143.67$143.67$143.67
Total monthly$5,600.60$5,843.03$6,519.67
Cash to close$115,824$83,500$83,500