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$747,644$747,644$765,000
Remaining term (yrs)27.527.530.0
Secondary amount$0$59,856$0
Funding fee$3,738$3,738$0
Note rate7.170%7.170%7.320%
Blended rate7.170%7.519%7.560%
1st payment$5,184.58$5,184.58$5,255.02
2nd payment$0.00$592.33$0.00
Taxes / mo$1,107.08$1,107.08$1,107.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$153.00
HOA / mo$132.00$132.00$132.00
Total monthly$6,640.33$7,232.66$6,863.77
Cash to close$102,356$42,500$85,000