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$759,071$759,071$971,100
Remaining term (yrs)25.825.830.0
Secondary amount$0$212,029$0
Funding fee$3,795$3,795$0
Note rate5.540%5.540%7.240%
Blended rate5.540%6.023%7.480%
1st payment$4,596.63$4,596.63$6,618.03
2nd payment$0.00$1,369.35$0.00
Taxes / mo$899.17$899.17$899.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$194.22
HOA / mo$0.00$0.00$0.00
Total monthly$5,712.46$7,081.81$7,928.08
Cash to close$319,929$107,900$107,900