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$800,989$800,989$809,100
Remaining term (yrs)25.025.030.0
Secondary amount$0$53,061$0
Funding fee$4,005$4,005$0
Note rate2.870%2.870%7.400%
Blended rate2.870%3.429%7.640%
1st payment$3,727.48$3,727.48$5,602.04
2nd payment$0.00$525.09$0.00
Taxes / mo$749.17$749.17$749.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$161.82
HOA / mo$0.00$0.00$0.00
Total monthly$4,693.31$5,218.40$6,729.70
Cash to close$98,011$44,950$89,900