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$861,333$861,333$967,455
Remaining term (yrs)27.827.830.0
Secondary amount$0$106,122$0
Funding fee$4,307$4,307$0
Note rate6.810%6.810%7.400%
Blended rate6.810%6.941%7.640%
1st payment$5,752.06$5,752.06$6,698.46
2nd payment$0.00$707.48$0.00
Taxes / mo$321.33$321.33$321.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$193.49
HOA / mo$6.58$6.58$6.58
Total monthly$6,296.64$7,004.12$7,436.53
Cash to close$213,617$107,495$107,495