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$742,183$742,183$1,079,100
Remaining term (yrs)25.725.730.0
Secondary amount$0$336,917$0
Funding fee$3,711$3,711$0
Note rate4.500%4.500%7.320%
Blended rate4.500%5.515%7.560%
1st payment$4,053.48$4,053.48$7,412.67
2nd payment$0.00$2,175.92$0.00
Taxes / mo$441.92$441.92$441.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$215.82
HOA / mo$0.00$0.00$0.00
Total monthly$4,712.07$6,887.99$8,287.07
Cash to close$456,817$119,900$119,900