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$749,150$749,150$864,000
Remaining term (yrs)28.028.030.0
Secondary amount$0$114,850$0
Funding fee$3,746$3,746$0
Note rate6.350%6.350%7.400%
Blended rate6.350%6.569%7.640%
1st payment$4,769.75$4,769.75$5,982.16
2nd payment$0.00$765.67$0.00
Taxes / mo$800.00$800.00$800.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$172.80
HOA / mo$0.00$0.00$0.00
Total monthly$5,786.41$6,552.08$7,171.63
Cash to close$210,850$96,000$96,000