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$876,406$876,406$899,100
Remaining term (yrs)27.527.530.0
Secondary amount$0$72,644$0
Funding fee$4,382$4,382$0
Note rate6.940%6.940%7.320%
Blended rate6.940%7.318%7.560%
1st payment$5,944.89$5,944.89$6,176.19
2nd payment$0.00$718.87$0.00
Taxes / mo$832.50$832.50$832.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$179.82
HOA / mo$555.00$555.00$555.00
Total monthly$7,549.05$8,267.92$7,960.18
Cash to close$122,594$49,950$99,900