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$812,951$812,951$810,000
Remaining term (yrs)26.426.430.0
Secondary amount$0$42,049$0
Funding fee$4,065$4,065$0
Note rate5.840%5.840%7.320%
Blended rate5.840%6.137%7.560%
1st payment$5,024.10$5,024.10$5,564.14
2nd payment$0.00$416.11$0.00
Taxes / mo$270.58$270.58$270.58
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$162.00
HOA / mo$110.00$110.00$110.00
Total monthly$5,621.35$6,037.46$6,323.39
Cash to close$87,049$45,000$90,000