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$750,857$750,857$765,000
Remaining term (yrs)29.129.130.0
Secondary amount$0$56,643$0
Funding fee$3,754$3,754$0
Note rate6.170%6.170%7.320%
Blended rate6.170%6.570%7.560%
1st payment$4,625.10$4,625.10$5,255.02
2nd payment$0.00$560.53$0.00
Taxes / mo$305.17$305.17$305.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$153.00
HOA / mo$115.00$115.00$115.00
Total monthly$5,261.93$5,822.47$6,044.85
Cash to close$99,143$42,500$85,000