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$753,579$753,579$1,529,100
Remaining term (yrs)28.628.630.0
Secondary amount$0$775,521$0
Funding fee$3,768$3,768$0
Note rate6.810%6.810%7.400%
Blended rate6.810%7.287%7.640%
1st payment$4,984.00$4,984.00$10,587.18
2nd payment$0.00$5,008.57$0.00
Taxes / mo$231.33$231.33$231.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$305.82
HOA / mo$0.00$0.00$0.00
Total monthly$5,432.00$10,440.57$11,341.00
Cash to close$945,421$169,900$169,900