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$791,249$791,249$787,500
Remaining term (yrs)27.727.730.0
Secondary amount$0$40,001$0
Funding fee$3,956$3,956$0
Note rate6.960%6.960%7.400%
Blended rate6.960%7.197%7.640%
1st payment$5,367.01$5,367.01$5,452.49
2nd payment$0.00$395.84$0.00
Taxes / mo$729.17$729.17$729.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$157.50
HOA / mo$0.00$0.00$0.00
Total monthly$6,312.84$6,708.68$6,555.82
Cash to close$83,751$43,750$87,500