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$757,793$757,793$787,500
Remaining term (yrs)27.927.930.0
Secondary amount$0$29,707$0
Funding fee$3,789$3,789$0
Note rate6.470%6.470%7.400%
Blended rate6.470%6.565%7.640%
1st payment$4,883.25$4,883.25$5,452.49
2nd payment$0.00$222.80$0.00
Taxes / mo$363.71$363.71$363.71
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$157.50
HOA / mo$0.00$0.00$0.00
Total monthly$5,463.63$5,686.43$6,190.37
Cash to close$117,207$87,500$87,500