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$835,642$835,642$845,100
Remaining term (yrs)28.328.330.0
Secondary amount$0$56,408$0
Funding fee$4,178$4,178$0
Note rate6.850%6.850%7.400%
Blended rate6.850%7.168%7.640%
1st payment$5,569.70$5,569.70$5,851.30
2nd payment$0.00$558.21$0.00
Taxes / mo$782.50$782.50$782.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$169.02
HOA / mo$0.00$0.00$0.00
Total monthly$6,568.87$7,127.08$7,019.49
Cash to close$103,358$46,950$93,900