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$750,078$750,078$931,500
Remaining term (yrs)27.927.930.0
Secondary amount$0$181,422$0
Funding fee$3,750$3,750$0
Note rate6.890%6.890%7.400%
Blended rate6.890%7.106%7.640%
1st payment$5,043.37$5,043.37$6,449.52
2nd payment$0.00$1,209.48$0.00
Taxes / mo$728.92$728.92$728.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$186.30
HOA / mo$3.75$3.75$3.75
Total monthly$5,992.71$7,202.19$7,585.15
Cash to close$284,922$103,500$103,500