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$783,752$783,752$855,000
Remaining term (yrs)28.628.630.0
Secondary amount$0$71,248$0
Funding fee$3,919$3,919$0
Note rate6.500%6.500%7.400%
Blended rate6.500%6.708%7.640%
1st payment$5,024.62$5,024.62$5,919.85
2nd payment$0.00$534.36$0.00
Taxes / mo$490.92$490.92$490.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$171.00
HOA / mo$55.00$55.00$55.00
Total monthly$5,787.21$6,321.57$6,853.43
Cash to close$166,248$95,000$95,000