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$717,993$717,993$792,000
Remaining term (yrs)25.625.630.0
Secondary amount$0$74,007$0
Funding fee$3,590$3,590$0
Note rate5.000%5.000%7.320%
Blended rate5.000%5.374%7.560%
1st payment$4,136.09$4,136.09$5,440.49
2nd payment$0.00$555.06$0.00
Taxes / mo$670.67$670.67$670.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$158.40
HOA / mo$81.00$81.00$81.00
Total monthly$5,104.42$5,659.48$6,567.22
Cash to close$162,007$88,000$88,000