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$804,246$804,246$872,999
Remaining term (yrs)29.029.030.0
Secondary amount$0$68,754$0
Funding fee$4,021$4,021$0
Note rate6.340%6.340%7.400%
Blended rate6.340%6.549%7.640%
1st payment$5,047.25$5,047.25$6,044.47
2nd payment$0.00$515.65$0.00
Taxes / mo$241.25$241.25$241.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$174.60
HOA / mo$0.00$0.00$0.00
Total monthly$5,505.17$6,020.82$6,676.99
Cash to close$165,753$97,000$97,000