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$864,845$864,845$922,500
Remaining term (yrs)25.625.630.0
Secondary amount$0$57,655$0
Funding fee$4,324$4,324$0
Note rate4.000%4.000%7.400%
Blended rate4.000%4.312%7.640%
1st payment$4,487.70$4,487.70$6,387.20
2nd payment$0.00$432.41$0.00
Taxes / mo$854.17$854.17$854.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$184.50
HOA / mo$146.00$146.00$146.00
Total monthly$5,704.54$6,136.95$7,788.54
Cash to close$160,155$102,500$102,500