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$758,105$758,105$809,910
Remaining term (yrs)29.229.230.0
Secondary amount$0$51,805$0
Funding fee$3,791$3,791$0
Note rate6.260%6.260%7.400%
Blended rate6.260%6.435%7.640%
1st payment$4,709.05$4,709.05$5,607.65
2nd payment$0.00$388.54$0.00
Taxes / mo$653.92$653.92$653.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$161.98
HOA / mo$11.17$11.17$11.17
Total monthly$5,590.80$5,979.34$6,651.39
Cash to close$141,795$89,990$89,990