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$710,294$710,294$746,100
Remaining term (yrs)24.424.430.0
Secondary amount$0$35,806$0
Funding fee$3,551$3,551$0
Note rate2.875%2.875%7.400%
Blended rate2.875%3.169%7.640%
1st payment$3,360.82$3,360.82$5,165.85
2nd payment$0.00$268.54$0.00
Taxes / mo$690.83$690.83$690.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$149.22
HOA / mo$269.00$269.00$269.00
Total monthly$4,537.32$4,805.86$6,491.57
Cash to close$118,706$82,900$82,900