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$859,230$859,230$863,100
Remaining term (yrs)27.927.930.0
Secondary amount$0$51,820$0
Funding fee$4,296$4,296$0
Note rate6.660%6.660%7.400%
Blended rate6.660%6.957%7.640%
1st payment$5,642.59$5,642.59$5,975.93
2nd payment$0.00$512.80$0.00
Taxes / mo$799.17$799.17$799.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$172.62
HOA / mo$236.00$236.00$236.00
Total monthly$6,894.42$7,407.22$7,400.38
Cash to close$99,770$47,950$95,900