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$685,197$685,197$765,000
Remaining term (yrs)25.525.530.0
Secondary amount$0$79,803$0
Funding fee$3,426$3,426$0
Note rate4.000%4.000%7.320%
Blended rate4.000%4.522%7.560%
1st payment$3,562.11$3,562.11$5,255.02
2nd payment$0.00$598.53$0.00
Taxes / mo$361.92$361.92$361.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$153.00
HOA / mo$7.50$7.50$7.50
Total monthly$4,148.20$4,746.72$5,994.10
Cash to close$164,803$85,000$85,000