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$837,853$837,853$899,100
Remaining term (yrs)27.827.830.0
Secondary amount$0$61,247$0
Funding fee$4,189$4,189$0
Note rate6.810%6.810%7.320%
Blended rate6.810%6.959%7.560%
1st payment$5,595.25$5,595.25$6,176.19
2nd payment$0.00$459.35$0.00
Taxes / mo$557.00$557.00$557.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$179.82
HOA / mo$125.00$125.00$125.00
Total monthly$6,493.92$6,953.27$7,254.68
Cash to close$161,147$99,900$99,900