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$759,071$759,071$989,100
Remaining term (yrs)25.925.930.0
Secondary amount$0$230,029$0
Funding fee$3,795$3,795$0
Note rate5.540%5.540%7.400%
Blended rate5.540%6.054%7.640%
1st payment$4,596.63$4,596.63$6,848.33
2nd payment$0.00$1,485.60$0.00
Taxes / mo$915.83$915.83$915.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$197.82
HOA / mo$0.00$0.00$0.00
Total monthly$5,729.13$7,214.73$8,178.65
Cash to close$339,929$109,900$109,900