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$737,183$737,183$742,500
Remaining term (yrs)26.226.230.0
Secondary amount$0$46,567$0
Funding fee$3,686$3,686$0
Note rate7.080%7.080%7.400%
Blended rate7.080%7.365%7.640%
1st payment$5,152.32$5,152.32$5,140.92
2nd payment$0.00$460.82$0.00
Taxes / mo$71.92$71.92$71.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$148.50
HOA / mo$11.42$11.42$11.42
Total monthly$5,452.32$5,913.14$5,589.42
Cash to close$87,817$41,250$82,500