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$877,420$877,420$990,000
Remaining term (yrs)26.826.830.0
Secondary amount$0$112,580$0
Funding fee$4,387$4,387$0
Note rate6.470%6.470%7.320%
Blended rate6.470%6.644%7.560%
1st payment$5,741.75$5,741.75$6,800.61
2nd payment$0.00$750.53$0.00
Taxes / mo$916.67$916.67$916.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$198.00
HOA / mo$170.00$170.00$170.00
Total monthly$7,045.09$7,795.62$8,301.95
Cash to close$222,580$110,000$110,000