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$740,686$740,686$742,500
Remaining term (yrs)27.527.530.0
Secondary amount$0$43,064$0
Funding fee$3,703$3,703$0
Note rate6.880%6.880%7.320%
Blended rate6.880%7.154%7.560%
1st payment$4,995.20$4,995.20$5,100.46
2nd payment$0.00$426.15$0.00
Taxes / mo$330.08$330.08$330.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$148.50
HOA / mo$26.67$26.67$26.67
Total monthly$5,568.62$5,994.77$5,822.38
Cash to close$84,314$41,250$82,500