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$714,529$714,529$719,910
Remaining term (yrs)26.726.730.0
Secondary amount$0$45,376$0
Funding fee$3,573$3,573$0
Note rate6.710%6.710%7.400%
Blended rate6.710%7.018%7.640%
1st payment$4,790.91$4,790.91$4,984.51
2nd payment$0.00$449.04$0.00
Taxes / mo$268.33$268.33$268.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.98
HOA / mo$62.50$62.50$62.50
Total monthly$5,338.41$5,787.45$5,675.99
Cash to close$85,371$39,995$79,990