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$712,660$712,660$765,000
Remaining term (yrs)24.524.530.0
Secondary amount$0$52,340$0
Funding fee$3,563$3,563$0
Note rate3.050%3.050%7.400%
Blended rate3.050%3.457%7.640%
1st payment$3,428.73$3,428.73$5,296.71
2nd payment$0.00$392.55$0.00
Taxes / mo$708.33$708.33$708.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$153.00
HOA / mo$128.00$128.00$128.00
Total monthly$4,481.73$4,874.28$6,502.71
Cash to close$137,340$85,000$85,000