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$717,219$717,219$782,910
Remaining term (yrs)26.126.130.0
Secondary amount$0$65,691$0
Funding fee$3,586$3,586$0
Note rate5.250%5.250%7.400%
Blended rate5.250%5.565%7.640%
1st payment$4,199.51$4,199.51$5,420.71
2nd payment$0.00$492.68$0.00
Taxes / mo$513.00$513.00$513.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$156.58
HOA / mo$149.00$149.00$149.00
Total monthly$5,078.18$5,570.86$6,455.96
Cash to close$152,681$86,990$86,990