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$762,353$762,353$949,500
Remaining term (yrs)29.029.030.0
Secondary amount$0$187,147$0
Funding fee$3,812$3,812$0
Note rate6.500%6.500%7.400%
Blended rate6.500%6.796%7.640%
1st payment$4,863.64$4,863.64$6,574.15
2nd payment$0.00$1,247.65$0.00
Taxes / mo$430.08$430.08$430.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$189.90
HOA / mo$195.00$195.00$195.00
Total monthly$5,705.39$6,953.04$7,605.80
Cash to close$292,647$105,500$105,500