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$746,348$746,348$787,500
Remaining term (yrs)28.428.430.0
Secondary amount$0$41,152$0
Funding fee$3,732$3,732$0
Note rate6.630%6.630%7.320%
Blended rate6.630%6.754%7.560%
1st payment$4,857.51$4,857.51$5,409.58
2nd payment$0.00$308.64$0.00
Taxes / mo$164.00$164.00$164.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$157.50
HOA / mo$87.00$87.00$87.00
Total monthly$5,325.18$5,633.82$6,034.75
Cash to close$128,652$87,500$87,500