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$848,877$848,877$855,000
Remaining term (yrs)26.726.730.0
Secondary amount$0$53,623$0
Funding fee$4,244$4,244$0
Note rate6.790%6.790%7.400%
Blended rate6.790%7.092%7.640%
1st payment$5,735.45$5,735.45$5,919.85
2nd payment$0.00$530.65$0.00
Taxes / mo$791.67$791.67$791.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$171.00
HOA / mo$0.00$0.00$0.00
Total monthly$6,743.78$7,274.43$7,099.18
Cash to close$101,123$47,500$95,000