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$860,888$860,888$882,000
Remaining term (yrs)26.026.030.0
Secondary amount$0$70,112$0
Funding fee$4,304$4,304$0
Note rate5.560%5.560%7.320%
Blended rate5.560%6.036%7.560%
1st payment$5,208.76$5,208.76$6,058.73
2nd payment$0.00$693.82$0.00
Taxes / mo$816.67$816.67$816.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$176.40
HOA / mo$0.00$0.00$0.00
Total monthly$6,242.10$6,935.91$7,268.46
Cash to close$119,112$49,000$98,000