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$791,864$791,864$989,100
Remaining term (yrs)26.526.530.0
Secondary amount$0$197,236$0
Funding fee$3,959$3,959$0
Note rate6.160%6.160%7.400%
Blended rate6.160%6.527%7.640%
1st payment$5,045.04$5,045.04$6,848.33
2nd payment$0.00$1,314.91$0.00
Taxes / mo$377.67$377.67$377.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$197.82
HOA / mo$0.00$0.00$0.00
Total monthly$5,639.38$6,954.28$7,640.48
Cash to close$307,136$109,900$109,900