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$730,066$730,066$799,196
Remaining term (yrs)25.125.130.0
Secondary amount$0$69,130$0
Funding fee$3,650$3,650$0
Note rate3.050%3.050%7.320%
Blended rate3.050%3.565%7.560%
1st payment$3,458.09$3,458.09$5,489.92
2nd payment$0.00$518.47$0.00
Taxes / mo$585.75$585.75$585.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$159.84
HOA / mo$104.00$104.00$104.00
Total monthly$4,364.51$4,882.98$6,556.17
Cash to close$157,929$88,800$88,800