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$814,356$814,356$989,100
Remaining term (yrs)25.925.930.0
Secondary amount$0$174,744$0
Funding fee$4,072$4,072$0
Note rate4.125%4.125%7.320%
Blended rate4.125%4.810%7.560%
1st payment$4,259.39$4,259.39$6,794.43
2nd payment$0.00$1,164.96$0.00
Taxes / mo$915.83$915.83$915.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$197.82
HOA / mo$0.00$0.00$0.00
Total monthly$5,391.89$6,556.85$8,124.75
Cash to close$284,644$109,900$109,900