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$712,147$712,147$733,500
Remaining term (yrs)29.029.030.0
Secondary amount$0$62,103$0
Funding fee$3,561$3,561$0
Note rate6.350%6.350%7.320%
Blended rate6.350%6.793%7.560%
1st payment$4,473.87$4,473.87$5,038.64
2nd payment$0.00$614.56$0.00
Taxes / mo$718.92$718.92$718.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$146.70
HOA / mo$175.00$175.00$175.00
Total monthly$5,584.46$6,199.02$6,295.92
Cash to close$102,853$40,750$81,500