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$732,547$732,547$787,500
Remaining term (yrs)25.425.430.0
Secondary amount$0$54,953$0
Funding fee$3,663$3,663$0
Note rate3.510%3.510%7.320%
Blended rate3.510%3.893%7.560%
1st payment$3,618.99$3,618.99$5,409.58
2nd payment$0.00$412.15$0.00
Taxes / mo$729.17$729.17$729.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$157.50
HOA / mo$270.00$270.00$270.00
Total monthly$4,834.82$5,246.97$6,782.91
Cash to close$142,453$87,500$87,500