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$728,411$728,411$809,100
Remaining term (yrs)29.429.430.0
Secondary amount$0$80,689$0
Funding fee$3,642$3,642$0
Note rate4.250%4.250%7.320%
Blended rate4.250%4.724%7.560%
1st payment$3,608.38$3,608.38$5,557.96
2nd payment$0.00$605.17$0.00
Taxes / mo$98.17$98.17$98.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$161.82
HOA / mo$0.00$0.00$0.00
Total monthly$3,923.21$4,528.38$6,034.61
Cash to close$170,589$89,900$89,900