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$746,273$746,273$764,899
Remaining term (yrs)26.526.530.0
Secondary amount$0$61,121$0
Funding fee$3,731$3,731$0
Note rate6.600%6.600%7.320%
Blended rate6.600%6.999%7.560%
1st payment$4,962.38$4,962.38$5,254.33
2nd payment$0.00$604.84$0.00
Taxes / mo$708.24$708.24$708.24
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$152.98
HOA / mo$0.00$0.00$0.00
Total monthly$5,887.29$6,492.13$6,332.21
Cash to close$103,615$42,494$84,989