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$727,746$727,746$1,035,000
Remaining term (yrs)27.027.030.0
Secondary amount$0$307,254$0
Funding fee$3,639$3,639$0
Note rate7.190%7.190%7.320%
Blended rate7.190%7.356%7.560%
1st payment$5,085.84$5,085.84$7,109.73
2nd payment$0.00$1,984.35$0.00
Taxes / mo$1,462.00$1,462.00$1,462.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$207.00
HOA / mo$146.00$146.00$146.00
Total monthly$6,910.50$8,894.85$9,141.40
Cash to close$422,254$115,000$115,000