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$769,521$769,521$765,000
Remaining term (yrs)27.427.430.0
Secondary amount$0$37,979$0
Funding fee$3,848$3,848$0
Note rate6.780%6.780%7.320%
Blended rate6.780%7.020%7.560%
1st payment$5,144.80$5,144.80$5,255.02
2nd payment$0.00$375.83$0.00
Taxes / mo$708.33$708.33$708.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$153.00
HOA / mo$0.00$0.00$0.00
Total monthly$6,069.80$6,445.63$6,333.02
Cash to close$80,479$42,500$85,000