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$812,650$812,650$809,910
Remaining term (yrs)28.928.930.0
Secondary amount$0$42,255$0
Funding fee$4,063$4,063$0
Note rate0.000%0.000%7.400%
Blended rate0.000%0.587%7.640%
1st payment$2,257.36$2,257.36$5,607.65
2nd payment$0.00$418.15$0.00
Taxes / mo$476.25$476.25$476.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$161.98
HOA / mo$76.75$76.75$76.75
Total monthly$3,027.03$3,445.18$6,539.30
Cash to close$87,250$44,995$89,990