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$770,494$770,494$787,500
Remaining term (yrs)28.228.230.0
Secondary amount$0$60,756$0
Funding fee$3,852$3,852$0
Note rate6.900%6.900%7.400%
Blended rate6.900%7.264%7.640%
1st payment$5,165.73$5,165.73$5,452.49
2nd payment$0.00$601.23$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$6,111.56$6,712.80$6,555.82
Cash to close$104,506$43,750$87,500