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$719,063$719,063$1,147,500
Remaining term (yrs)29.129.130.0
Secondary amount$0$428,437$0
Funding fee$3,595$3,595$0
Note rate6.580%6.580%7.400%
Blended rate6.580%7.017%7.640%
1st payment$4,620.70$4,620.70$7,945.06
2nd payment$0.00$2,766.99$0.00
Taxes / mo$215.75$215.75$215.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$229.50
HOA / mo$206.00$206.00$206.00
Total monthly$5,259.12$8,026.11$8,812.97
Cash to close$555,937$127,500$127,500